A price action below 27700 supports a bearish trend direction.
Increase short exposure for a break below 27200.
The target price is set at 24200 (38.2% Fibonacci retracement level).
The stop-loss price is set at 31000.
Corrected from overbought territory.
Remains a risky trade.
Increase short exposure for a break below 27200.
The target price is set at 24200 (38.2% Fibonacci retracement level).
The stop-loss price is set at 31000.
Corrected from overbought territory.
Remains a risky trade.