The market has broken out the upward channel and it means the up-trend maybe change.
The market is pulling back the 0.618RET which is also the neckline of previous structure.
So it is good to sell short at 1210-1212 levels when the price action gives signals in the PRZ.
SL:above 1220
TP1:1192
TP2:1167 and further more
The market is pulling back the 0.618RET which is also the neckline of previous structure.
So it is good to sell short at 1210-1212 levels when the price action gives signals in the PRZ.
SL:above 1220
TP1:1192
TP2:1167 and further more
Trade active
Sell at 1218Note
TP1 reached.Trade closed: stop reached
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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.