I think the index has reached a significant resistance level, where I expect a potential reversal. The recent upward momentum appears to be losing steam, and this resistance zone could prompt a pullback. Based on this analysis, I’m anticipating a bearish move, targeting a drop to lower levels. My risk is managed with a tight stop-loss just above the entry, aiming for a favorable risk-reward ratio on this trade.
my aim will be entry at : 575205 stop loss : 575504 TP : 569815
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