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Reis593
Jul 9, 2020 8:09 AM

Shorting opportunity on the NAS100 Short

US 100 IndexFXCM

Description

Looking at the 4 hour chart, we can see the market has broken the trend line and moved up to retest the 10700.00 level
The RSI shows the the trend is in overbought conditions

Will be looking for a short opportunity on the 1 hour timeframe with a stop loss at 10735.00 and a take profit at 10350.00
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