Short
701-703 could be a resistance.
Short in that area for a target of 680 and 650. SL - 715
Short in that area for a target of 680 and 650. SL - 715
Note
It didn't hit 701 before dropping but momentum was good to enter for a short trade below yesterday's close (692). First target hit. Trail with new SL of 684.If the downward momentum continues it might hit 650 within next trading week.
Note
First target of 680 hit. Trail the SL to 688Trade closed: target reached
All targets almost reached. Trade cloed
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.