Trade Background:
Price has been in a pullback since its massive tumble last week on May 23th. Now price is edging closer and closer to major resistance level of the channel trend.
Trade Idea:
Positioning: Short
Time frame: 30M chart
Length of Trade: 1 to 2 days
Entry: Between 59.15 to 59.35
Stop: 59.50
Exit: 58.00
Price has been in a pullback since its massive tumble last week on May 23th. Now price is edging closer and closer to major resistance level of the channel trend.
Trade Idea:
Positioning: Short
Time frame: 30M chart
Length of Trade: 1 to 2 days
Entry: Between 59.15 to 59.35
Stop: 59.50
Exit: 58.00