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LT : Find sell signal to join back the 60min strong downtrend

LT (Daily Chart) :

Price managed to have a close below 1327 layer of key support yesterday & for today we'll try to catch the running selloff momentum using 60min charts.The resistance zone is defined as a range of 1327-1340 where we're tracking 15min & 5 min charts to find a price action sell signal if it forms.Next layer of key support is found near 1250 which could be used as target level once we find a sell entry on resistance zone.

SUMMARY : READ price momentum context – RECOGNIZE the pattern going on – TRADE the pattern till it ends and to learn it all join me in my ADVANCE TRADING COURSE & trade with me real-time using higher & lower timeframe charts.  

PLS NOTE : All chart analysis posted here are the author's own idea of trading for educational purpose only &  not any form of advice or recommendations or opinion to anyone.

09.12.2015

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