1. Price has broken trendline and made what seems like a retest of previous support and resistance
2. For risk management purposes wait for price to break or close below previous low.
3. This is a short term trade.
Use own discretion when taking this trade, this is just my idea of what might happen.
2. For risk management purposes wait for price to break or close below previous low.
3. This is a short term trade.
Use own discretion when taking this trade, this is just my idea of what might happen.