Trendline running from W came as lifeguard -once it got resistance in the zone 108.25--108.40. I took short on opening candlestick @108.14 for previous low targets of 107.65...we shall exit here our long call as per previous update.
sorry for the typo error.....short call firstname.lastname@example.org exited at previous low range 107.65--107.75.
Best Regards, Abhishek H. Singh, CMT India Regional Manager http://in.tradingview.com | LinkedIn India Markets-BSE, NSE chat room- https://in.tradingview.com/chat/#b4sFOMIVqPkq8gfQ
In previous update buy setup ...I was very clear that If UJ goes above 108.50 then only I will take long....As trader you have keep your eyes open. if you would have extended the trendline from W...This morning UJ got resistance exactly on the trendline- once bearish candle was over --I took short with recent high as stop & booked at previous lows--This is risk manegement. Regards