The graph follows a bearish trend with consistent red candles after hitting Double-Top at 78.08. Furthermore, Bearish ABCD Pattern and Divergence reinforces the bearish trend.
Making a short trade with a risk of 2% and placing two TPs with ratio 1:4.
Making a short trade with a risk of 2% and placing two TPs with ratio 1:4.
Trade active
TP1 HitTrade closed: target reached
In profit.
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Disclaimer
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.