No reasons for bullish trend in macro terms. Also in short term we have some price targets : 89,90 ...but no bullish signs.
SHORT at 88 ( SL at 94 ) - ( TP 85 ) - probabilty winn = 80%
SHORT at 89 ( SL at 94 ) - (TP 87 ) - probability winn = 90%
SHORT at 90 ( SL at 94 ) - ( TP 88 ) - probabilty winn = 96%
$NEX is one of the strongest O&G runners when the industry group broke out of base in mid jan.
past 4 session went through a -10% correction with the latest pin bar posing a new opportunity for an entry based on mean revision setup
looking to bounce off its rising 20MA, again
