We had a new AB swing in place, price is currently at the 618, where we will look for a bearish cs formation for a short trade setup. If price rallies past the 618 then we look for resistance up at the 786 where we will look for a short entry. Else a break of the 7085 area will change the outlook.
FOR TODAY: Will be going short if:
We will look for a bearish cs formation for a short trade
setup from current levels, since we have hit the 618, else a rally will have us
look for resistance after hitting the 786, after which we will need a bearish
cs for a short entry.
FOR TODAY: Will be going long if:
Also
no criteria present for long trade setups at present
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