Break of initial trading range low at 7320 F was first sell signal (first line).
Thereafter markets traded in a range and formed a resistance at 7305 F (second line).
Break of 7325 F was additional confirmation of downside... markets then closed near 7235F.
A good day for short trades.
This is how the chart looks like.
Thereafter markets traded in a range and formed a resistance at 7305 F (second line).
Break of 7325 F was additional confirmation of downside... markets then closed near 7235F.
A good day for short trades.
This is how the chart looks like.
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