OPEN 83400 STOP 82400 FIRST TARGET 85500 SECOND TARGET 87500
Since the index fell for several days , there is a very good chance to win back losses . Where exactly ? Hard to say... Firts target 88000 .Stop loss will be moved in the direction upwards . The stop will slide and placed under the lows
my position was 3 lots on short 0.8250 1 lot was closed by take profit 8200 2 lot was closed by TP 8160 3 lot in position my opinion will be breakout support area with target 8100
If will be not GAP UP to 8200+ on open stock 12 jan 2015 / i will be short ; very strong ressitance 8200 entry 2 limit orders risk reward 1:6
maybe global down trend and better decide is SHORT ? or strong Support and LONG ? entry long yesterday limit order on 8095
relow support 8150 i think long is good idea entry market order 8154 .
my opinion i entry limit order in area 8200 and 8202 first target 8161 second target LOW of day 8121
if breakdown important level 0.8300 / i am entry 2 orders on 3 bar above this lelel on 5 MIn timeframe 1 bar - shaped level 2 bar - confirmed 3 bar - entry buy limit order on 0.8301 / and 0.8300 first target 0.8325 second target 0.8345 also opposite situation if price ressist at target 0.8300
strength ressistance level 16.50 short at area 16.50 first target 16.20 second target 16.00