Analysis for day: Down day, so look for short opportunities.
Entry Zone: 1
Reason 1: Price at down sloping resistance line.
Reason 2: You can see " topping tail " in green candle and followed by red candle.
Reason 3: Price on weak pullback to resistance
Entry Zone 2: If you would have missed the entry one,
Reason 1: Price fall from resistance and consolidated at above resistance.
Reason 2: In consolidation you can see very low volume, this means price takes rest before going further down
Note: you may say, i am writing these article only after the day, so i can easily pick tops and bottom to mark buy and sell signal or entry zones, If you read and do this over a periods of years, you will also know the entry zone, which will not guarantee winning trades all the time,but you will enter the trade where there will be very minimal losses , profit will high and your odds of being right will be high.
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