The area 9500 - 9600 is now a strong resistance, this is a fairly bold setup, please consult and decide.
* This strong resistance level has been tested many times and cannot be overcome.
* 1 sell order at this time is risky but for reward worthy.
* The entry area is a horizontal bar showing resistance.
* SL is the red area
* TP is the green area as shown.
This setup is simple, but it gives a high probability, so risk should be considered, if not sure, stand outside to protect your money which is also a good strategy.
Good luck.
* This strong resistance level has been tested many times and cannot be overcome.
* 1 sell order at this time is risky but for reward worthy.
* The entry area is a horizontal bar showing resistance.
* SL is the red area
* TP is the green area as shown.
This setup is simple, but it gives a high probability, so risk should be considered, if not sure, stand outside to protect your money which is also a good strategy.
Good luck.
Trade closed: target reached
