We are expecting to see a retest of this resistance level after a bearish day yesterday before price makes more bearish movement and reaches or support zone ( green box ) before market close.
I wouldn't go jumping into a short position before we get the re test of this level as the markets seem to be all over the place at the moment, and always trade with correct risk management.
This is not a signal, just my own market analysis, so only use this analysis if it lines up with your own.
Ah I guess your wondering what the title of this post is about... Nothing, but it got you reading this post didn't it ;p
I wouldn't go jumping into a short position before we get the re test of this level as the markets seem to be all over the place at the moment, and always trade with correct risk management.
This is not a signal, just my own market analysis, so only use this analysis if it lines up with your own.
Ah I guess your wondering what the title of this post is about... Nothing, but it got you reading this post didn't it ;p