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UUS Tech 100 CFD
Short

bactesting ustech100 cfd

By arieskid
Updated
I believe that the swap zone will be reacted to on the third swing so the sellers could maybe add more trades to the down side just above the swap area, my short entry reason is because this is the second touch on the zone from the first high that i marked and the price might fall to the zone on the lower side where it sprung from the zone(demand)

SL 12227.8
EN 12127.0
SL 11541.4

Now lets see how the trade will go.
    Trade active
    area between 12036.1 and 1198.5 could be a potential supply zone. im looking forward to add another shorting position, that is if price reacts to the zone in a way that shows it wants to short.
    Trade active
    the area between 11803.5 and 11726.8 looks like we might have a bounce, which is good for people who are looking for buys (long) position. If we get that long i am expecting it to reject the supply zone at 12036.1 and 1198.5 then we can now look for a sell entry.
    Note
    snapshot

    added another trade now we have two trades active
    Trade closed: target reached
    our t wo TP s were hit and at low risk with high reward. which got us up by 7.19% with just two trades.
    snapshot
    Supply and DemandTrend Analysis
    arieskid
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