HP short idea - Bounce on 200MA
Updated
HPQ bounced back from 200MA. RSI and Stochastic RSI are in the overbought area. I am expecting a bearish reversal here on the D1 chart. Entry strategy: wait for a bearish confirmation candle which cross below 22.57
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Trade closed: target reached
Nice profit. Congrats everyone who followed this idea.
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Thank you for your support and may the markets be with you!
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