Hello Traders!
Based on the fact that we stopped without hitting a 72.0 level tells me that its is very likely that buyers who bought set out their sl on the next support.
Furthermore, trend hasn't changed and what is happening is a pullback. Im looking to sell on two levels risking total 3% of my trade position.
82.3 and 86 are two levels of my interest for the short side.
Based on the fact that we stopped without hitting a 72.0 level tells me that its is very likely that buyers who bought set out their sl on the next support.
Furthermore, trend hasn't changed and what is happening is a pullback. Im looking to sell on two levels risking total 3% of my trade position.
82.3 and 86 are two levels of my interest for the short side.