It is been observed on the daily chart that the price action forming a bearish head n shoulder pattern, indicating further weakness ahead.
Target 1: 1380
Target 2: 1340
Stoploss: 1420
Target 1: 1380
Target 2: 1340
Stoploss: 1420
Trade ist aktiv
Trade geschlossen: Ziel wurde erreicht:
Yesterday, Target 1 reached successfully. Now, it shall further come up to the Head and Shoulder resistance and then fall again due to selling pressure.
Trade ist aktiv
Kommentar:
Stoploss changed to 1435.
Kommentar:
Any rise in this one is a sell until it closes above 1550 on daily basis.
Trade geschlossen: Stop wurde erreicht
Kommentar:
It is still a SHORT until it crosses over the Head and Shoulder pattern.