Market Sentiment : Fear
Asset's RSI : Fear
Trade Setup :
Bearish Shooting Star formed at D1 EMA dynamic resistance level, confirmed by another Bearish Shooting Star at next session.
Our Trade idea
Position : Short
Stop loss : Slightly higher from the shadow of Bearish Shooting Star ($3.515)
Target : Horizontal Support Level ($2.665)
Asset's RSI : Fear
Trade Setup :
Bearish Shooting Star formed at D1 EMA dynamic resistance level, confirmed by another Bearish Shooting Star at next session.
Our Trade idea
Position : Short
Stop loss : Slightly higher from the shadow of Bearish Shooting Star ($3.515)
Target : Horizontal Support Level ($2.665)