The market broke out the triangle and the target reached at 5254 level.
Meanwhile the 0.618RET of previous drop is at 5245 level and the previous structure also work at this zone.
So it is good to sell short at 5240-5260 levels when price action gives signals in the PRZ.
SL:above 5260
TP1:5190
TP2:5150 and further more
Meanwhile the 0.618RET of previous drop is at 5245 level and the previous structure also work at this zone.
So it is good to sell short at 5240-5260 levels when price action gives signals in the PRZ.
SL:above 5260
TP1:5190
TP2:5150 and further more
Trade active
Trade closed: stop reached