Resistance held for the second time around.
A few scenario's could play out here
We could form another bear flag in support of another leg down.
We could move straight down without another TA formation
Trend is down. We stick to it unless resistance is broken and we get higher highs.
Be nible. This time of the year running into the next financial year is usually a bullish time of the year. Just keep that in mind.
Apply a stop loss
A few scenario's could play out here
We could form another bear flag in support of another leg down.
We could move straight down without another TA formation
Trend is down. We stick to it unless resistance is broken and we get higher highs.
Be nible. This time of the year running into the next financial year is usually a bullish time of the year. Just keep that in mind.
Apply a stop loss