The market has been moving in a very nice way in the long run particularly in the rising wedge pattern. It made a new high recently and there is a high probability that it will travel down for some time now, my personal taste says 76.5 at least.
A chance to take short ASAP as soon as the market opens because a resistance has been formed and this is a nice entry to travel the down move.
Never risk more than 0.5% risk on the trade, let the risk to reward do its job.
A chance to take short ASAP as soon as the market opens because a resistance has been formed and this is a nice entry to travel the down move.
Never risk more than 0.5% risk on the trade, let the risk to reward do its job.