ThinkingAntsOk

Bearish Idea on FTSE China A50 by ThinkingAntsOk

Short
OANDA:CN50USD   China A50
4H CHART EXPLANATION:

We observe that price has bounced at the Daily Top level and was rejected strongly. We are waiting for a breakout of the Ascending Trendline to take short positions here. In the short term, the potential targets are the Support Zone, and the main ascending Trendline.

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