Current trend on the weekly is down and momentum is down. As such, short trades on the daily can be taken.
From the charts, we have prices trading within a channel and potential stops have been identified on the daily time frame. Should prices rally to the top of the channel, triggering the stops, shorts can be taken at the daily supply.
From the charts, we have prices trading within a channel and potential stops have been identified on the daily time frame. Should prices rally to the top of the channel, triggering the stops, shorts can be taken at the daily supply.