Possible rejection and continue short

I like the idea of price coming up to 1.238, then i think we will see a rejection from this level with a continue short.

Daily and weekly both in a down trend, I see a good 4h counter trend move up to 1.238 and then as mentioned before a rejection from this level with a good short opportunity

تعليق:

Notice how price just pull back nicely into the 20ema on the weekly chart before coming back down