SHORT TERM STRUCTURE TRADE ANALYSIS EXPLAINED

Hi Traders,The price has broken down the previous SUPPORT structure and is pointing down to the next down structure level.
The 20 and 50 SMA is confirming the downtrend.
I am predicting a retest at 103.70's before going short with two targets.

Happy trading

Kommentar:

Target 1 reached

Trade geschlossen: Ziel wurde erreicht