AJ Short Idea
AJ is still quite bearish on higher time-frames and we have seen a daily transition happen where support was broke and is now being tested as resistance
Current price action has been consolidating in an ascending triangle near resistance and we will be looking for strong bearish setups next week before entering short and targeting lower
Upon confirmation we are looking to short toward the 23.6% fib level and trend line around 73.200 which is about 90+ pips lower from current price action
AJ is still quite bearish on higher time-frames and we have seen a daily transition happen where support was broke and is now being tested as resistance
Current price action has been consolidating in an ascending triangle near resistance and we will be looking for strong bearish setups next week before entering short and targeting lower
Upon confirmation we are looking to short toward the 23.6% fib level and trend line around 73.200 which is about 90+ pips lower from current price action