Previous important support and resistance zones:
***s1: 1083.38
***s2: 1011.46
***r1: 1274.05
Conditions for short:
1. Channel breakout
2.trendline breakout
3.momentum indicator trendline breakout
4.resistance from previous resistance ***r1 zone
6.Money flow index turned red from green
7.volatility has increased
8.di- is above the di+
Stoploss:
1.above the previous resistance zones of ***r1: 1274.05
Take profit:
1.price is likely to reach ***s1: 1083.38 resistance zone if not we will exit with a exit point with almost no loss
Exit point:
1.will be updated later in the comments box
***s1: 1083.38
***s2: 1011.46
***r1: 1274.05
Conditions for short:
1. Channel breakout
2.trendline breakout
3.momentum indicator trendline breakout
4.resistance from previous resistance ***r1 zone
6.Money flow index turned red from green
7.volatility has increased
8.di- is above the di+
Stoploss:
1.above the previous resistance zones of ***r1: 1274.05
Take profit:
1.price is likely to reach ***s1: 1083.38 resistance zone if not we will exit with a exit point with almost no loss
Exit point:
1.will be updated later in the comments box
