Attempt to catch the short-term trend reversal/correction
After the strong up move that lasted for quite a while without any significant pullbacks, the shooting star pattern appeared in the "grey area" of assumed resistance.
1)Going short with my Stop loss over the high of the shooting star.
2)The profit target is based on the assumed 50% correction and technical structure.
1)Going short with my Stop loss over the high of the shooting star.
2)The profit target is based on the assumed 50% correction and technical structure.