Market price retraced today before hitting the down trend line which implements strong bearish incoming volume (probably because many share/stock prices have risen sharply today and therefore a capital shift has taken place in the short term). This movement implements a down correction to 1280 $ which is confirmed after a retest of 1300 $, there is another good short entry.
-market price supported my 50 day moving average and 1293 $ support -expect up movement to 1300 $ and there again strong resistance because 100day and 200 day moving averages are in this area -wait for confirmation before entering this trade -confirmation = three candles close under 1300 $ -move stop loss to entry after down movement has begun
Trade active
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Trade closed manually
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take profit at 1285 - market now in sideways trend