IWM/R2K has been relatively weak compared to the Naz. Short?
With confirmation, we will be entering this short with defined risk and target as shown on the chart. It has traded relatively weak compared to the other major markets.
Nota
T1 is at 61.8 while T2 is at 50 Fib levels. Another option is to trail the stop when a lower high is formed.Trade attivo
Waited a week for this to go through S/R zone. In trade now with TGT as showed on chart.
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