After recent short squeeze there were multiple bearish retests on TL and price is being supressed by 100,200 EMA's on 1HR,30m.
i expect a retest on support around 1212 and see the reaction there whether to continue short towards ATL or cut my position.
i expect a retest on support around 1212 and see the reaction there whether to continue short towards ATL or cut my position.
Trade closed manually:
Got shaken out. had two sl 1350(conservative) and 1530(aggresssive) but as sson as price crosse 1350 i got shaken out at 1365-70 and then the price headed towards targets 1212,1150 and made low of 998.