price has been rejected at the resistance levels on the weekly time frame and has formed a shooting star.with the high of the shooting star a short trade can be initiated
Comment:
SHORTED TODAY AT 294,SL SHOULD BE A LITTLE ABOVE THE HIGH OF THE WEEKLY SHOOTING STAR ie,308 IN THIS CASE.LETS SEE HOW IT PLAYS OUT.
Comment:
booked half of the position at 276.will trail the rest.
Trade closed manually:
booked fully at 260 as wont be able to track the market for few days due to travel.