With tension between USA and Iran, traders are running around like scared mouses. Now in trading we can trade both ways. In this case we will look for both Buy and Sell opportunities. Our Bias is still Bullish however the market are reacting hectic lately.
Information, charts or examples contained in this analysis are for illustration and educational purposes only. It should not be considered as advice or a recommendation to buy or sell any security or financial instrument. We do not and cannot offer investment advice. Trading carries a high risk to the money you invest.
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The price broke the rising support, and the very close horizontal support level. will cancel any buy orders for now.
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Sell position stop loss moved to just below the entry, target now at the lower support line around 1525.33