Weekly closed as huge shooting star. Hoping to see retracement after that big drop. Short entry around 1300 - that's where daily 18MA is and in 4h chart it seems as strong resistance (also fib50).
If price keeps falling then I would enter short from retest of last lowest wick(1289,78) or breaking the trendline and retesting it. Always wait for reversal signal.
Target 1275
If price keeps falling then I would enter short from retest of last lowest wick(1289,78) or breaking the trendline and retesting it. Always wait for reversal signal.
Target 1275