Good morning Traders,
I mentioned in the previous post, since the Breakout didn't had continuation, a revisit to the daily Pivot was inevitable. It was a good opportunity to go short!
Now, is it just a retest to gain momentum and go up, or is it telling us that it's about to go to the lower part of this range once again?
Weekly timeframe is not looking spectacular and might support the second option.
I mentioned in the previous post, since the Breakout didn't had continuation, a revisit to the daily Pivot was inevitable. It was a good opportunity to go short!
Now, is it just a retest to gain momentum and go up, or is it telling us that it's about to go to the lower part of this range once again?
Weekly timeframe is not looking spectacular and might support the second option.
