RBL Short Set up
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RBL is now ready for a big short movement as it has broken all barriers in terms of moving averages. Price is currently under pressure and can expect the following to happen
short price - cmp
Stop loss - 381
Target 1 - 302
target 2 - 286
Target 3 - 230
Strategy - Short 2 lots and cover 1 at 302 and the second at 286, if it trades less than 280 for more than 1 day then short again for immediate target of 230
short price - cmp
Stop loss - 381
Target 1 - 302
target 2 - 286
Target 3 - 230
Strategy - Short 2 lots and cover 1 at 302 and the second at 286, if it trades less than 280 for more than 1 day then short again for immediate target of 230
Note
If you have two lots and then cover one at this price, 330 is big support area and change trailing stop loss to 338Trade fermée: cible de profit atteinte
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