Pair fell from the middle of the range between the 50 sma and 100 sma to the 100 sma while I was preparing this post. It is hard to enter a trade and then prepare these post if you are on smaller time frames. Macd needs a break with a long pullback with price. This will recharge the macd to lead the short continuation trade.
Note
Pair did hit TP at 800 sma
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.