My Analysis : Further down trend may continue
Good day traders.
My own trade plan :
As per my analysis 4 days ago, price is moving down as expected and will continue further.
Yesterday, Support #1 has broken and price move up back . Today the BIG RED Trendline about to break and this will justify my idea to maintain my current short trades at least to TP #2.
I have placed my sell after the shooting start candle on 4 hour chart on 17/12/2021 and still open. I edited my TP points from what i have posted yesterday. I'm expecting the market pullback tonight. So SL and TP very important for me.
From my analysis, the market still going down and will update my idea as per the market condition tonight.
Good luck.
My own trade plan :
As per my analysis 4 days ago, price is moving down as expected and will continue further.
Yesterday, Support #1 has broken and price move up back . Today the BIG RED Trendline about to break and this will justify my idea to maintain my current short trades at least to TP #2.
I have placed my sell after the shooting start candle on 4 hour chart on 17/12/2021 and still open. I edited my TP points from what i have posted yesterday. I'm expecting the market pullback tonight. So SL and TP very important for me.
From my analysis, the market still going down and will update my idea as per the market condition tonight.
Good luck.
Penafian
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