I’m looking at daily chart and a significant trend reversal from long to short is showing. See on daily chart a clear bounce down happened on July 2nd of about 3.00 dollars.
I’m shorting below 55.45. exiting at 55.07 and then shorting below at 54.45 to exit at 52.39
Orders placed and first stop is at 56.15 , thens the second stop is at 55.10. Risk reward ration approximately 1:2