Short target area reached, next move down soon.

Hi Traders,

We can see the usual sideways nothing burger that the weekend provided played out, technically the indicators are close to how they left off from Friday

YET retail would see price action and think 'well looks like support has held time to long'

No, the range is still within bounds and indicators also so the tipping point of rejection.

DONT TRUST WEEKENDS.

Time to short. Next looking to the 19k line but i don't think that will hold for long so should be able to keep the position open until we near 16-18k

Good luck

Asset Mastery

評論:

ALSO note the ASIA session tends to be a reversal of trend period,
looks like the usual fake out to the wrong direction slightly before pushing back down.
Know when MM get to work so you are note the sheep.

評論:

FYI
New short entered 21540

TP1 18900 - 19200
TP2 16400-17000