I think most people know the Macro drivers for the short. Well, here are technical ones.
Good Luck Hong Kong.
Shooting Star at 61.8% Fib level.
Weekly 200 EMA
Previous resistance.
Good Luck Hong Kong.
Shooting Star at 61.8% Fib level.
Weekly 200 EMA
Previous resistance.
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And we are off!
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Price is now at a crucial level, slammed up against an ascending trendline. I see the break. bye bye.
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This trade keeps developing in our favor.
I moderate a small community 4 traders, analyzing weekly charts, and discussing trade setups. Focusing on psychology.