At the close of the market last week the price was successfully held in the yellow area which is a pretty strong resistance and formed a pinbar.
the area is strong enough to hold the price movements in the previous weeks.
And this give us an opportunity to sell with an initial target of 1493 and a final target of 1485.
the area is strong enough to hold the price movements in the previous weeks.
And this give us an opportunity to sell with an initial target of 1493 and a final target of 1485.
Trade closed: target reached:
1493 hit
Trade closed: target reached:
final target 1485 hit