As mentioned in previous posts, we might make a low on the current level but we have a lot of spike out risk to 4300 - 4200 zone. We’re currently trading 4440 and I think this is where we have maximum risk for a dump to under 4300 (And I mean this inside the context of an uptrend).
Anything long in profit is best to move stops to even (On open if not possible now) and we can plan lower levels to buy. Alternatively positions could be hedged in futures now. In this post we’ll go through the short signal and how we can use recently swings to help to support our higher timeframe supported buy levels.
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