Short entry when price approaches resistance line
Stop-loss place at slight above the level of previous peak
Higher volume seems unable to push the price higher
With a false break at the previous peak, shows that downtrend is very likely
RSI shows upward momentum is diminishing
Stop-loss place at slight above the level of previous peak
Higher volume seems unable to push the price higher
With a false break at the previous peak, shows that downtrend is very likely
RSI shows upward momentum is diminishing