Short
US100 Early Week Sell
What once was support is now resistance. The COVID-19 range 50% Retracement (11,700) is a pretty good early week position sell. Here's the trade:
1) Sell @ 11,675
2) Initial stop loss @ 12,095
3) 1:1 risk vs reward ratio, 11,255 profit target
1) Sell @ 11,675
2) Initial stop loss @ 12,095
3) 1:1 risk vs reward ratio, 11,255 profit target
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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.