Bar by Bar Trading Day Analysis

Short before the opening, it looked promising that we see a continuation of yesterday’s bull and uptrend day. That changed dramatically after the opening bell. Prices formed a bigger downtrend and trended lower without any compromises. The big downtrend broke and prices made a couple of legs to a new low. From there some sideway and little correction movements. Same as every Friday I made a bar-by-bar analysis. I hope you had a good trading week and wish you a great weekend.