Currently short on EVN. We failed to break above my resistance line and now have made a lower low, meaning a possible trend reversal. I have drawn a major channel indicating major trend support lines. Currently running a fib retracement and looking to see if we find support on previous highs, the 200 and 314 moving averages. Not worth speculating at this stage, patiently waiting for a re entry. MACD, RSI and Momentum indicators are all showing a sell.
FOR EDUCATIONAL PURPOSES ONLY
FOR EDUCATIONAL PURPOSES ONLY