Cherry94

Attempt to catch the short-term trend reversal/correction

Short
LSE:PSN   PERSIMMON ORD GBP0.10
After the strong up move that lasted for quite a while without any significant pullbacks, the shooting star pattern appeared in the "grey area" of assumed resistance.
1)Going short with my Stop loss over the high of the shooting star.
2)The profit target is based on the assumed 50% correction and technical structure.

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