We have made 400 pips from last posted idea and as per my old posted idea 1842 is perfect short zone but i made some changes and also tried to look for bull scenario so here is my new setup. if we look at it on weekly time frame it looks like a perfect retest for further downtrend candle broke out from trend line perfectly and retesting which is good sign of a downtrend it can also do a fake out before dropping big i expect that to happen and price going to touch 1864 before dropping but if we talk about bull scenario we can clearly see a inverted head and shoulder pattern which is going to complete head around 1923 so i am planning to short around 1860-1863 for target 1690 and incase we broke 1870 i will go long for target 1923 and from levels 1921-1925 i will surely look for short opportunity for target 1670. Also weekly candle if you see it rejected at Trend line so it is indicating might be next week bears will rule.. if you want me to post intraday setup comment on my idea also give it a like . I will post more sniper entries
Comment:
1870 still holding really well no signs of long term bull yet