Short with risk:reward of 1:2.5

Apr 16, 2017

Short setup created by close near Bollinger upper band followed by bearish candle and price rejection at 152.7 zone. Provides a nice opportunity to short for a target of 143 in the coming week. Conservative traders can take part profits around 149 and 145 mark. Enter Short positions around 152.5 mark.

Apr 18, 2017

Trade closed: stop reached