Important Levels for 20-08-2021.
Global markets are completely negative, it looks we shall have a good gap down opening but we shall be prepared for all scenarios and be prepared to whatever happens tomorrow at the open.
If we open flat, once we start trading below 35500, we can take shorts with SL of 35580 and aim for targets of 35350,35280 and 35200.
If we open with a big gap down around 34800, we wait for price action to develop then take positions.
Global markets are completely negative, it looks we shall have a good gap down opening but we shall be prepared for all scenarios and be prepared to whatever happens tomorrow at the open.
If we open flat, once we start trading below 35500, we can take shorts with SL of 35580 and aim for targets of 35350,35280 and 35200.
If we open with a big gap down around 34800, we wait for price action to develop then take positions.