PATIENCTLY WAIT FOR THE AUS200 getting to our SHORT TRAP
Good morning everyone.
we are waiting for the AUS200 to get into our position to short.
If the trade does not form into our position, we will focus on the US market opening tonight. It is essential.
We await the AUS fall below 8140-38 to enter our short position.
Our stop loss should be above the all-time high 8186. (Let your stop loss be a bit lengthy to accommodate fake outs which happens most of the times in the market.)
Our first target will be 8126; please note once it hits our first target, please take 50% profit
from our second target, 8103.7, and
third target 8055.7
we are waiting for the AUS200 to get into our position to short.
If the trade does not form into our position, we will focus on the US market opening tonight. It is essential.
We await the AUS fall below 8140-38 to enter our short position.
Our stop loss should be above the all-time high 8186. (Let your stop loss be a bit lengthy to accommodate fake outs which happens most of the times in the market.)
Our first target will be 8126; please note once it hits our first target, please take 50% profit
from our second target, 8103.7, and
third target 8055.7
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