Sell 35100CE, Buy 35700CE Sell 31700PE, Buy 31100PE
Sell 35500CE, Buy 36100CE NB: Educational Purpose Only
Sell 37400CE, Buy 38000CE NB: Educational Purpose Only
Sell 37100CE, Buy 37700CE ibb.co Margin Required: 31k Credit:1.1k ROI:3.5% NB: Educational Purpose only
This is a long term view, It is in uptrend in Daily TF, So there is a chance for failure Downtrend in Monthly TF Fibonacci Extension reached 1 and showing resistance Fibonacci Retracement reached 0.618 Earnings results expected on July 22 @-2.85 Probable target Entry point
Fell from monthly supply zone, Slightly retraced to mean, On PDL break enter trade, A close below 3893 will confirm movement to following targets: T1:3813 T2:3710 SL: Close above 3950 Disclaimer: Educational Purpose Only
Exhaustion of up move evident in monthly chart as shown below: Resistance recently at 2415 in Day TF, Shooting Star on Friday with high near to 20 day mean, Enter short on PDL break, If EOD close is below 2337, possible targets are as follows: T1:2262 T2:2166 SL: Close above 2439 (CBSL)
Monthly Supply Zone, SL above 340 closing basis
Will update trade box soon