High probability confluence short trade @ 7775
- Trend: down on 30D basis
- Key Level: previous two retracements target 7778. Also, 50 % fib is also at 7778
- Signal: price is reacting well in 1HR basis
Will look to short with stop above 7825
- Trend: down on 30D basis
- Key Level: previous two retracements target 7778. Also, 50 % fib is also at 7778
- Signal: price is reacting well in 1HR basis
Will look to short with stop above 7825