Bearish short term:
- lower high
- trendline support is broken
- price is below 0.23 Fib
- Aroon gives sell signal
Expecting a retracement or dump (time to cut off longs).
TP or "buy the dip":
1) 8675 (0.5 Fibs)
2) 8250 (0.618 Fib)
- lower high
- trendline support is broken
- price is below 0.23 Fib
- Aroon gives sell signal
Expecting a retracement or dump (time to cut off longs).
TP or "buy the dip":
1) 8675 (0.5 Fibs)
2) 8250 (0.618 Fib)
