this is trade 144 frm haidojo trading...
short position at 1574-1570, SL abv 1585, probably a few points abv it...1st tp at 1560, 2nd tp at 1550...
the reason for trading...? the price was juz rejected at the resistance level , 1577-1585...
this is recap frm the previous trade 141 which I gave out last week...today, 1st tp 1560 is filled...
now we wait in anticipation that 2nd tp 1550 might be filled too..
fingers cross...
resistance : 1577-1585 (reversal to bull)
current support : 1560
lower support : 1540-1547(continue to bear)
WARNING!
RISK DISCLAIMER : this is juz a trading idea...trading stocks, futures or forex might incur a huge risk to your account/funds…DON’T LOSE MONEY THAT YOU CANNOT AFFORD…any idea(s) of trading in this episode SHALL NOT be regarded as a hint of BUYING or SELLING. It is MERELY a trading journal and it has been used for educational purpose only… trade at your own risk!
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