02 June No Bias down move
The market came down below the weekly open, tested it again and came down. I was not around the computer to take it. I have placed a PO at the pivot since the momentum of down move was good yesterday. But the price has reached the 04,05 May breakout area. I am not sure if price is going to find support here and go up. Anyway since the move is down, I will stick to short trades and see what price action I get.
The market came down below the weekly open, tested it again and came down. I was not around the computer to take it. I have placed a PO at the pivot since the momentum of down move was good yesterday. But the price has reached the 04,05 May breakout area. I am not sure if price is going to find support here and go up. Anyway since the move is down, I will stick to short trades and see what price action I get.