The market has broken out the neckline of the short-term double top and is pulling back now.
A good short place is where the 0.618RET and the 2.618REXT converge.
Meanwhile a good Supply Zone also works at this zone.
So it is good to sell at 45.8-47.3 levels when price action gives signals in the PRZ.
SL: above 48.9
TP1: 38.0
TP2: 35.2 and further more
A good short place is where the 0.618RET and the 2.618REXT converge.
Meanwhile a good Supply Zone also works at this zone.
So it is good to sell at 45.8-47.3 levels when price action gives signals in the PRZ.
SL: above 48.9
TP1: 38.0
TP2: 35.2 and further more