The sentiment is down in most of the world. US has taken a bigger hit than Europe, but I think Europe will follow at their own pace. We are approaching trend line from ATH that also created the double top around New Year. I have 2 attempts for shorting this:
1) Sell limit when price reaches 14150 on the way up (price now 13950) looking for reversal.
Entry: 141450
SL: 14400
TP: 13288 (previous low and also the low since March '22)
2) If I get stopped out I will wait for price to move down and catch it on the way down. Entry and SL will be decided later.
Entry: TBD
SL: TBD
TP: 13288 (previous low and also the low since March '22)
1) Sell limit when price reaches 14150 on the way up (price now 13950) looking for reversal.
Entry: 141450
SL: 14400
TP: 13288 (previous low and also the low since March '22)
2) If I get stopped out I will wait for price to move down and catch it on the way down. Entry and SL will be decided later.
Entry: TBD
SL: TBD
TP: 13288 (previous low and also the low since March '22)