This one is again going for long holiday trip , we are not looking any upside moment in this form here on wards , we will roll over our shorts till it makes our forecast
They made an contracting flat which i was suspecting form day one , but eventually today move out form smaller structure confirms they are heading for 155/145 range
how long it will take i have no idea , but for sure every rise i will be looking to add shorts
They made an contracting flat which i was suspecting form day one , but eventually today move out form smaller structure confirms they are heading for 155/145 range
how long it will take i have no idea , but for sure every rise i will be looking to add shorts
Trade active:
any close out of the structure will confirm the further bearish sentiment , but before it moves down it will always move up certain points before it turns down ,
One can look for opportunity after the weak rise in the price on daily basis and sell on reversal
One can look for opportunity after the weak rise in the price on daily basis and sell on reversal
Order cancelled:
Price did not move out form the structure , our long term view is still bearish but it might move up or stay range bond before it makes an impulse move