Please note that I have designated two trends with two specified colored levels. I also placed golden levels above these two trends, located at 20083, 20239, and 20380, as three optimal levels for SHORT positions.
Be aware that if I placed colored levels above a trend, it indicates an optimal entry for a SHORT position. Conversely, colored levels below a trend suggest an optimal entry for BUY position. Always ensure that SL level is marked in red.
You should note that I specified two trends for the shorts position that I expected to start correction from these levels.
Of course, the chart reacted to these levels and gave us an opportunity to set SL at entry.
it's been a while since I've left it up to you to determine the SL.
All the best to all my dear followers
Sincerely Yours,
MT