Short position idea during the opening of the week.
Our previous support broken into resistance was retested and failed to resist and it is approaching another level where our fib level shows reaching the 50 point on our daily charts of resistance where we can look for sales once we have a close candle which clearly would indicate the prices are failing to break above that level. And we shall ride till where the demand is on the daily chart. Please provide me with any feedback. Will appreciate as it will be a learning curve for me.