Aggressive Sell Offs look to be coming into play soon,
We are on our 6th touch of the Trend Line on the weekly, with a close outside into the wicks on the Daily, Monthly is looking to turn as well,
I see a level of interest marked below, to take up to where price lost control at, this does not need to happen but presents a High Risk to Reward setup, if I were to take any attempt on the chart (to long) this is where it would be,
If this plays out I will be looking at optimal selling areas to bring back down to continue the bearish trend,
Good Luck!~
We are on our 6th touch of the Trend Line on the weekly, with a close outside into the wicks on the Daily, Monthly is looking to turn as well,
I see a level of interest marked below, to take up to where price lost control at, this does not need to happen but presents a High Risk to Reward setup, if I were to take any attempt on the chart (to long) this is where it would be,
If this plays out I will be looking at optimal selling areas to bring back down to continue the bearish trend,
Good Luck!~