The market has broken out the neckline of the short-term double top and is pulling back now.
A good short place is at the 0.618RET which is also a fresh Supply Zone.
So if the market moves up to 28.4-29.4 levels and price action gives signals in the PRZ, short positions could be opened.
SL: above 30.8
TP1: 22.1
TP2: 17.6
TP3: 12.7 and further more
A good short place is at the 0.618RET which is also a fresh Supply Zone.
So if the market moves up to 28.4-29.4 levels and price action gives signals in the PRZ, short positions could be opened.
SL: above 30.8
TP1: 22.1
TP2: 17.6
TP3: 12.7 and further more
Trade active
