We are nearing support areas, and the stochastic (and other indicators not shown), are showing similarly the potential of some recovery. I feel we have two strategies here:>
1. SELL @ 18.3750-18.4000 and place SL @ 18.5150 and profit order @ 18.1750
2. BUY @ 18.2150 - 18.2250 and place SL below 18.1650 and take profit @ 18.3850
1. SELL @ 18.3750-18.4000 and place SL @ 18.5150 and profit order @ 18.1750
2. BUY @ 18.2150 - 18.2250 and place SL below 18.1650 and take profit @ 18.3850
Note
It feels we will go little deeper and aborting the BUY levels to 18.1150-18.1250 instead.
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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.