BAJF: Shorting Opportunity Around the Axis Line

Bajf had a strong sell of which drove it back below the axis line. There could be a possible short setup which i ll present on the lower time frame. For more information on the Axisline topic read my previous post.

Regards

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All the best.

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Bearish out of the box. Partial booking adviced.

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For the remaining position SL @ breakeven 2055 and target 2005

Trade closed: target reached:

One can trail if wish so but i am done as of now.

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Its worth mentioning here that the best trades always emanate from simple setups irrespective of rumors. They generally do not linger or look back once you enter and generate quicker profits.