The market has broken out 18.50-18.75 levels and it converted to a strong resistance.The market is pulling back this resistance.
The 0.618 retracement of the prevous decline also locates at 18.91 level.
So it may be good to sell short at 18.50-19.0 levels when bearish candles appear at this zone.
SL:above 19.3
TP1:18.0
TP2:17.3 and further more
The 0.618 retracement of the prevous decline also locates at 18.91 level.
So it may be good to sell short at 18.50-19.0 levels when bearish candles appear at this zone.
SL:above 19.3
TP1:18.0
TP2:17.3 and further more
Trade active
Comment:
TP1 reached.
Comment:
TP2 reached.