Monthly: Between the 18th and 19 August we had a sharp down movement which showed that something have happened, there after followed pullback.
Weekly: Retracement on weekly with strong bearish candles.
Daily: Has been in a Range for the past 5 days, hence awaiting a break below the Range for a Clean trade, however, one can still take a short with a Stop Outside the Daily range.
Weekly: Retracement on weekly with strong bearish candles.
Daily: Has been in a Range for the past 5 days, hence awaiting a break below the Range for a Clean trade, however, one can still take a short with a Stop Outside the Daily range.