My feed looks to close with a daily bearish engulf. So if I understand correctly price should reach for the weekly s/r which you can see marked on my chart. The H4 looks to close with a bullish engulf but there is daily s/r directly above so trading long not a good idea. Even though the overall daily trend has been up this daily bearish engulf seems powerful enough to take this down some more. So I'm looking to short at daily support above and then again if price breaks today's daily low. I'm on a demo here to be clear with anyone following
Your comments 60 much appreciated.
Your comments 60 much appreciated.