I observe that the price broke the support line few days ago after forming a perfect double top pattern. The price is now re-testing the support line. If the price goes lower than 85.0, it's a good time to Short. So, just WAIT for 2-3 days If the price continues going higher, we will re-consider.
Entry: 85.0 TP 1: 84.0 TP 2: 83.0 R:R ratio should be 1:2 or 1:3
Trade at your own risk.
--------------------------- Less is more Simple is perfect Patience is the key
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Here, at 11:54 GTM The price had been below Entry level of 85.0. An Sell limit order might be filled, of course, if i place this order. But i didn't. I am still waiting until the day ends and see what kind of the candle will be. Right now, it is a bearing engufing, its good, but who knows! We still have 10 hours to get a new candle. Be patience