FCPO Short 24 Mar 21

By HanOthman
Updated
FCPO break Ichimoku Cloud & trading below SMA 50 on 5 min chart.
We expect price to reverse to SBR (Support become Resistance) at 3 places. We put sell stop order at 2 places & both trigger sell with total of 10 lots.
Target profit at next support (TP1) also trigger. We will see if TP2 will trigger or not.
Buy stop is few points above Ichimoku Cloud.

TQ!
Trade closed: target reached
Market reverse up to retest the SBR again at 3954 & rejected. Our Buy Stop still not trigger.
Market move down & hit our TP2 at 3851.
Support and Resistance

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