This is highly risky trade , obviously we are about to go down first leg , but our question is ??? is it going down without double touch of the top??? our guess is not, we need to crating double top , our recommendation is - to have trail reverse at 12069 and 12055 -with clear target same 12276 and 12330 reverse in short . From double top we are looking first stop at 11617 , with double our cumulative position at 11994
Trade closed: target reached
Swing to longTrade active
double longTrade active
It will be only confirm if we would be able to go above 12144.64Trade active
violation of 11995.95 will Trager re assessing and close below 11907.50 on 60min to 90 min will trigger SLTrade active
Complex trade such as this must de operate with pre determent level where we know that we are wrong , and SL rigorouslyTrade active
Only go above 12059.91 confirm upside moveTrade active
we shall see , but given the fact of Wednesday FOMC we will going up just to test the hands , question remain from which level???Trade active
It may actually be good , as long as we can maintained support at 12059.91, in this scenario we will have up side potential prevailTrade closed: stop reached
Currently we think that it trying to find support ,
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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.