Hey traders!

Prices sold off heavily right after the opening. The blue downtrend broke and prices retested the lows. From there we saw some range movement and a 50% retracement of the previous downward move. Just now prices forming another leg lower and selling again. The day was pretty bearish today so I was looking mainly for shorts. There were some nice trade possibilities right off the trend channels and EMA.

Hope you had a good trading day!