 Welcome traders to another Tick-Nail chart hit with me Patrick Munnally. I'll destroy your attention today to a potential developing opportunity in the dolly in the daily time frame in this descending trend channel trading below the monthly VWAP. We got this big outside reversal candle set up last week on Monday with the release of the Pfizer vaccine news. We have the Moderna news out today and we did get a pop high but we're not seeing any follow-through at the moment to the upside. We're potentially going to put in a bearish reversal here so what I'd be looking to do would be to set short positions through the lows of today's candle in around 104.30 stop just above today's high 105.20 and I'd be targeting a move down into the projected descending trendline support now sitting at 102 so we get about 2.5 to one risk-reward ratio on that trade. As always traders plan the trade trade the plan most importantly manage your risk. So next time thanks very much