Price has broken a key level to the down and has retraced to test that broken level. This correction has ended with a new breakout which gives us an excellent sell opportunity.
Stoploss should be placed just above the previous swing high before the corrective structure breakout. Profit targets as shown at the chart.
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Stoploss should be placed just above the previous swing high before the corrective structure breakout. Profit targets as shown at the chart.
Like and comment if you agree..!
Trade closed: target reached:
Fist target reached, second position stopped out at break even.
