Thursday, July 30, 2009

30072009



The market went down to 153.89 making lower low today as expected but it didn't reach my TP yet. My SL was nearly touched when it rised to 156.3. Right now i'm still holding my sell position as it bounced from the resistance which can be found on timeframe 1 hour at 156.32. The market is still in sell bias or double top bearish divergence if we look at the chart on timeframe 4 hour.

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