If the price of the highlighted candle closes below the cloud, possible short.
1.) Pulled back off the .786 retracement after FOMC
2.) Previous 3 candles have long top wicks
3.) Also off of daily resistenace
4.) Cloud future is bearish
5.) Price action below the cloud
1.) Pulled back off the .786 retracement after FOMC
2.) Previous 3 candles have long top wicks
3.) Also off of daily resistenace
4.) Cloud future is bearish
5.) Price action below the cloud