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Like I mentioned on my previous post, last day sellers managed to breach the previous level of support and we've seen some aggressive selling after that breach. If you've missed that opportunity, you could make use of this opportunity to get in. Now we are getting a nice pullback. You could go short from the previous level of support, which probably would act as a resistance area; where the risk would be minimal.
Disclaimer!
This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.
Like I mentioned on my previous post, last day sellers managed to breach the previous level of support and we've seen some aggressive selling after that breach. If you've missed that opportunity, you could make use of this opportunity to get in. Now we are getting a nice pullback. You could go short from the previous level of support, which probably would act as a resistance area; where the risk would be minimal.
Disclaimer!
This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.
