Could be a bit tricky with oil dumping hard. Baiting with .5% risk
Possible bounce on the weekly ema 50, 78% fib. Used my 88% for stops. Fib extension for targets.
Wait for a confirmation candle to short.
Two trendlines, ema50, 61.8 fib, could go a little lower as it does lately. Note to self, wait for a confirmation candle before entering
Retest of the 4hr 50 ema Retest of the ascending trendline aswel as the descending trendline Fib 78.6%
Daily EMA 50 50% fib Previous resistance Came back to give a kiss goodbye.
Its not as bullish at it looks. Bit late with posting, sorry, first time.
Its not as bullish as it looks. Bit late posting this, sorry, first time.