jianhua85

JPN225 Short potential at 32700

Short
jianhua85 Updated   
PEPPERSTONE:JPN225   Nikkei 225 Index
Price has retraced since hitting a lower low for the longest time.

4Hr at higher BB
RSI at overbought.
hitting resistance zone.
Trade active:
right smack at our entry point. there might be more retracement. this is negative swap so hopefully do not need to hold for long,
Trade active:
Close to 1000 points now from entry. Take some profit to cover swaps for long run, adjust stop loss and let the rest run.
Trade active:

Great movement of the price testing the upper channel again before nose diving. Expect it to test 13100 again before any chance to move further down
Trade active:
nosedived price to 31000, we are already up by 1700 points. this can be a one way ticket down.
Trade closed: stop reached

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