Sell stop AUS200 at 7920.4 area
Updated
AUS200 is under pressure to the downside after failing to establish its upside momentum. The price also broke channel and trend line support indicating its strong bearish momentum. The price also failed to stay above moving averages, and seasonally, September is known as a bad month for the stock market as well.
I set my sell stop below the swing slow to catch bearish momentum and set my stop loss above the swing high on a 4 h timeframe.
Trade safe and manage your risk guys
Happy trading
I set my sell stop below the swing slow to catch bearish momentum and set my stop loss above the swing high on a 4 h timeframe.
Trade safe and manage your risk guys
Happy trading
Comment
sell stop triggeredTrade closed: stop reached
hit Stop loss Disclaimer
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