Trend line had been broken down not only once but more than 1 time shows a strong bearish bias momentum with strong volume
Which confirmed by retest the resistance twice and failed to break it out and the pressure still on the downward momentum after several attempts to push higher and successfully pushed down-so set your short positions SL above 105,600 to avoid any wicks attempts
Entry 102,600. / 102,800
SL. 103,600
TP1 . 101,220
TP2 @ 100,250
TP3 @ 99,550
Runners to hold if you wish 98,500
Wish for all best of luck and well managed Trade setup , enjoy the trend movment
Which confirmed by retest the resistance twice and failed to break it out and the pressure still on the downward momentum after several attempts to push higher and successfully pushed down-so set your short positions SL above 105,600 to avoid any wicks attempts
Entry 102,600. / 102,800
SL. 103,600
TP1 . 101,220
TP2 @ 100,250
TP3 @ 99,550
Runners to hold if you wish 98,500
Wish for all best of luck and well managed Trade setup , enjoy the trend movment
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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.