Market it currently in consolidation
sell target on the daily time frame is 15130 , but we could potentially see 14600 which is around the same price point where the market bounces off on the daily time frame (trendline)
pointers : we have reversal candles on the daily, the market is also on the weekly counter trendline, daily candle currently forming a hanging man (pending)
guide
sell at 15700 place Sl at 15730 , place Sl at entry once the market drops 50+ points
sell confirmed once we break the consolidation box at 15550, more positions may be added on retest + rejection
sell target on the daily time frame is 15130 , but we could potentially see 14600 which is around the same price point where the market bounces off on the daily time frame (trendline)
pointers : we have reversal candles on the daily, the market is also on the weekly counter trendline, daily candle currently forming a hanging man (pending)
guide
sell at 15700 place Sl at 15730 , place Sl at entry once the market drops 50+ points
sell confirmed once we break the consolidation box at 15550, more positions may be added on retest + rejection
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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.