This may be a trend reversal or just a retracement before market goes back down again because as we can see, market hit the resistance zone. You can buy in again either at the first Buy level identified on the chat, wait for it to reach the B leg or actually buy in at the top line of that support level drawn out OR you can decide to wait for market to go lower before buying in again at leg D.
My labelled zones are only a rough idea of where i think the market may touch. Decide on your own Entry & Exit.
DISCLAIMER
Please note that this chart is an opinion based chart only. Please trade at your own risk
My labelled zones are only a rough idea of where i think the market may touch. Decide on your own Entry & Exit.
DISCLAIMER
Please note that this chart is an opinion based chart only. Please trade at your own risk
Yorum:
We now have a double top on the 15mins and is the perfect opportunity to short again from A if you wanted to. Enter and exit at your own risk.