Hi all,
I'm short from last night,a little out of the money but not too much.
The way I see it price broke downwards out of an ascending wedge on the four hour chart on 25 September and last night's high touched the lower line of the wedge before dropping back.
I've also got a bearish divergence on the hourly chart with the price rising from last night while at the same time a resistance line on the MACD is sloping down.
Regards,
Temp