I'm looking to sell this setup since it has approached a strong resistance zone. I do believe the trends upward impulse momentum has slowed down so expect a nice correction before selling. Stochastic is also nicely overbought.
My Target area: 78,200 - 78,000
Always apply risk management.
:)
My Target area: 78,200 - 78,000
Always apply risk management.
:)
Note
Fib Zone and Stochastic reached overbought area. Wait for sell signal.Note
Daily ChartTrade closed: target reached
Hope you locked in those profits. :)
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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.