China A50 Short
The rally on Monday saw this Asian market reach the daily resistance @ 12000. I am seeing the Index pull back to previous support at 11600 then bounce back to current resistance @12000. As to whether price will break this resistance we will see with price action but its highly probable
Note
Price reached the 11600 support to close our bearish trade and triggered a buy. now waiting for price to hit target at 12000, hope you all enjoyed the downswing
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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.