Closed on the resistance and almost the low of the day, definitely not a good sign. But in the hindsight can we possibly have a head and shoulder forming here. Next few days would tell how this turns out. Over 31.50 it's a clear break-out.
Would be a good risk reward ratio with entry at 29 should it get there. RSI clearly is way oversold. V short term looks like a good short.
Would be a good risk reward ratio with entry at 29 should it get there. RSI clearly is way oversold. V short term looks like a good short.