About to hit some resistance levels. Might be worth to short within the red zone around the 0.786 fib level with SL 1-1.5% above the high end of the zone.
If not - > 54-56k level.
If not - > 54-56k level.
Note
Expecting a retest of the 49.5k zone.Note
Tricky motherfucker but if you put the SL at 1.5% above the top of the red rectangle, you should still be in this trade.
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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.