We have these indicators for SELL opportunity:
- Reflection from the major downtrend line originating from 2005
- Low volume to continue the current direction
- Reflection from the top of the parallel channel
- Return/re-test to 3M + 1M high
We define 3 goals:
TP 1 = 40 pips
TP 2 = 100 pips
TP 3 = 200 pips