2. Next support as per TA is 1630 which is 0.618 FIB retracement of last parabolic move up.
3. If 1630 breaks that possibility of down towards 1500 seems look good.
- Personally i am going to build up a short position from 1690-1710.
- With stop loss above 1730
- Target 1 : 1630 (Book 30% of position profits there)
- Target 2 : 1500 (Book balance 70% profits there)
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