It is been observed that the price action is been trending up in an upward channel. Today, the price actions opens gap down breaking the channel, indicating high selling pressure. Currently the price action retracing to fill gap where there will be a good opportunity to sell it again.
Target:1185
Stoploss: 1300
Risk Reward: 1:3
Target:1185
Stoploss: 1300
Risk Reward: 1:3
Trade active:
Gap is filled, Now good time to short.
Trade active
