Can it be shorted when its low is breached? Red line breach may take it further down.
If metal melts tomorrow, then it would a good shorting opportunity.
Let's see what happens.
If metal melts tomorrow, then it would a good shorting opportunity.
Let's see what happens.
Trade closed manually:
21st Nov, red candle breached the swing low line but a small body candle is formed. This was clearly showing no selling pressure. And yes, it got confirmed if we see the charts today, back to back green candles.
Order cancelled