Trading is more about the art of finding those segments in the right time. Here is one of my contra-trade for YOU. Everything on the chart. REMEMBER:This is my analysis-not a trading recommendation . Do your own research before jumping into the trade.
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Only fools tell that TIMING THE MKT IS IMPOSSIBLE. With proper study, anybody can master it with satisfactory accuracy. Trade triggered.Now in some profot also. LET IT RUN. Resistance in now around 1385-95. Manage your risk according to your appetite.
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went above my risk appetite today.So closed postion with 5 pts loss. No change in analysis. Will re- enter short after good bounce towards near lower trend line/consolidation break down.