https://www.tradingview.com/x/O731XUt3/
Range Bound trading, with more skew towards the down side. However due to the strong rejection doji,
I suppose the trade is warranted if given a good pull back
2 kangaroo tail confirming the rejection of level 7790 area.
Having said that, would like to have an attractive risk reward ratio of 1:2
thus waiting for a good pull back to around 7790 area for entry. Or no Trade.
Note
Trade triggered, but yet currently in a consolidation state
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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.