The market has broken out the upward channel and it means the up-trend maybe change.
The market is pulling back the 0.618RET which is also the neckline of previous structure.
So it is good to sell short at 1210-1212 levels when the price action gives signals in the PRZ.
SL:above 1220
TP1:1192
TP2:1167 and further more
The market is pulling back the 0.618RET which is also the neckline of previous structure.
So it is good to sell short at 1210-1212 levels when the price action gives signals in the PRZ.
SL:above 1220
TP1:1192
TP2:1167 and further more
Trade active:
Sell at 1218
Comment:
TP1 reached.
Trade closed: stop reached