Price bounce on 4H 50ema - it's been 7 times attempt to breach this resistance ..
Also price also just completed 61.8 retrace..
Short setup looks good as long as price stay below 4H 50ema.
Will consider short if next candle form well below this MA in the next 2H 20min
Also price also just completed 61.8 retrace..
Short setup looks good as long as price stay below 4H 50ema.
Will consider short if next candle form well below this MA in the next 2H 20min
Attached Image
R1 BPL R2 FA R3 CL
ALL still ON