A clear break through a historically strong zone. SHORT

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snapshotThere has been a break of a historically significant zone for this market. We know that zones, especially zones that have been tested multiple times, never go away and will always have some sort of impact on market prices when approached. We also have a Triple Top formation where the price has rejected multiple times. We can see the momentum trending downward. With that being said, prices have recovered and we are now looking for shorting opportunities as prices reach this zone where the market recently broke through. The zone once served as support and will now serve as resistance. Also there is a BIG hint in the most recent candle.. do you know what it is?


I am a long term trader.. Weekly to multi month trades. Not a professional, I only do this in my free time. So far posting on here I am 2 for 2 with my analysist. Check out my IDEAS on my profile. 3 for 3 ?

Happy Trading

-BWH

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