The pressure to the downside is still continuing. I am aiming to place a short at the top line of the wedge, when another leg occurs or the break-out of the wedge to the downside is confirmed. Buying power at 30k is high and I expect another bounce from there in the short-term.
SHORT
Entry: 36.4k
SL: 38.1k
TP1: 32.9k
TP2: 30.5k
RR- Ratio: 4
SHORT
Entry: 36.4k
SL: 38.1k
TP1: 32.9k
TP2: 30.5k
RR- Ratio: 4
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.