$BSB Look for short opportunities. Right now, everyone online is shouting “buy the dip,” and at times like this I actually prefer to go the other way. The current 4-hour short structure is still intact; on the daily chart, price is basically ranging between 0.13672 and 0.13748. Take a look at the 15-minute chart: the RSI has already reached 28. Downward momentum may continue, and the volume/energy data has also confirmed real sell pressure.



I’ve already entered around 0.13672 to 0.13748. To the downside, you can watch supports at 0.13434 and even 0.12973. When trading against the trend, mind the risks—your defensive level is around 0.14079. Don’t go in too aggressively.
BSB-0.68%
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