There are 2 ways this to trade this idea. Short term uptrend was broken,
1. Look for a retest around 2900 to 2930 level, if it fails to hold, we look to enter short trade.
2. If it closes below short term support of 2835, look for a retest and look for a short entry if retest fails.
I am looking at TP around 2750.
The second trade setup is way more aggresive and would suggest a very tight SL.
1. Look for a retest around 2900 to 2930 level, if it fails to hold, we look to enter short trade.
2. If it closes below short term support of 2835, look for a retest and look for a short entry if retest fails.
I am looking at TP around 2750.
The second trade setup is way more aggresive and would suggest a very tight SL.