Fed02

ITA 40 short due to rising covid restrictions

Short
Fed02 Updated   
FOREXCOM:IT40   Italy 40 CFD
3-4 weeks range, low risk high reward.
Italy right now is closing again from a rise in covid cases.
With the economy at the crisp of closing, the index will take a hit.

Comment:
move stop loss down to break even, and take profit wherever you feel. The moment we break the blue rectangle, 17k is likely to be hit smoothly.
Personal target for take profit 17000.

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