Bearish Nature
I notice a lot of people thinking of buying, but the structure is still bearish in nature.
For those who dare to buy, you just fell for a psychological trap trying to predict reversal points, when really we should be looking for trend direction.
4hr Chart trend still supports short position.
Stochastics has a Reversal pattern to the down side while people are thinking are buying, very typical way for the banks to just keep on profiting as always.
Trade with caution.
Happy Hunting.
For those who dare to buy, you just fell for a psychological trap trying to predict reversal points, when really we should be looking for trend direction.
4hr Chart trend still supports short position.
Stochastics has a Reversal pattern to the down side while people are thinking are buying, very typical way for the banks to just keep on profiting as always.
Trade with caution.
Happy Hunting.
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