Price is moving down fast last days.
Month candle closing downside the weekly test zone (on friday) may take the price to the 82/81 zone quickly. In that case, open a short position may be indicated to reach that zone thinking in a correction movement of a bigger wave.
Close now, stay out and see is the another option. The trade continues and the strategy is long term. In that case, the option is to take position again upside the stop loss zone.
Month candle closing downside the weekly test zone (on friday) may take the price to the 82/81 zone quickly. In that case, open a short position may be indicated to reach that zone thinking in a correction movement of a bigger wave.
Close now, stay out and see is the another option. The trade continues and the strategy is long term. In that case, the option is to take position again upside the stop loss zone.
Trade closed: target reached
NOMINAL PRICE HAS CHANGED, BUT MOVEMENT REACHED THE OBJETIVE.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.