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
Trade active
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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
Order cancelled
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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