The price bounced from our Support Line at 7800.00 with strong momentum. We will take this opportunity to short from our Entry: 8280.00 A Stop-Loss is set slightly above 8400.00 at our Resistance Line, we could move to 8700.00 in a very short time. So this trade is risky. (Money Management Matters)
Expecting to reach Target Zone 8000.00 - 8050.00 I will update the chart accordingly.
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