GSFC - Selling Right Shoulder Top@154 -155 Stops -156 Target-146

Look for weakness in 154 -155 & we look for target 146 - 144 -142 with stops above 156. Risk of 1.5 points & Gain of 8-10 points downside. To be extra cautious -take care that it is not moving & holding above 155 mark. Below 155 - High probability of reaching 146-144 & 142.
Right Shoulder in formation.

This call is only for risk takers who can afford to lose 1.5 points.

Trade active:

12:11 Hrs 5th Jan2018

Last Price@153

Session low@152.50

We book partial profits & try to re-enter on bounce in between 154-154.50

Trade active:

13:26 Hrs 5th Jan2017

Last Price@154.15

Bounced from 152.50 as expected & made double top@155 - Did you sell again -Wow!

Trade active:

13:41 5th Jan2018

Last Price@154.45

Trailing our stops to 155.05 - Making Zero Risk Trade - Already 4-5 Pip in ( No forex - pip used in forex trading)

Pip - Points in Pocket for Friday Party.

Trade active:

14:19 Hrs 5th Jan2017

Lear the basics of Double Top / Trail your stops to 154.75 from 155 -Next

Once the base/low@152.50 is broken down - we measure distance from top@155 to 152.50 & which is 2.5 points

You subtract 2.5 points from 152.50 & we get double top target as 149.50

Comment:

14:21 Hrs 5th Jan2018

Typo error 2017 mentioned instead of 2018.

Trade closed manually:

22:39 Hrs 7th Jan2018

Last Price@154.30

Closing the update - Thanks