That low of 12320 will be retested soon . Maybe today . Already tested on June 30 , and July 06 . And who knows ? Maybe the third time is lucky . As you can see in the above Fibonacci Time Zone and the below Trend-Based Fib Time .
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Please see my previous and my first published idea too .
Trade active
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Here at 12550 is (was - sorry for delay ) a good place for the first sell order and the second sell place at 12650 . Since I don't understand why is gong up instead of down use tight and trailing sl 20-25pips . tp1 12320 , tp2
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sorry for delay : tp2 12000-12070
Trade closed: stop reached
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trailing sl was increased a little to 30pips to leave a little more room for volatility , so sl reached at 12420 with enough profit . Now it looks like dax and dji are going up so I'll wait for a place to short again .
Trade closed: target reached
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Reentered at a better price 12455 this morning then tp1 12320 reached . Now see my next published idea