The instrument gapped down last night after the two days bounce from the 11800 key level. This downside gap is opening the possibility of a short trade entry after the price action gap fill.
The H1 chart is revealing the entry point, the stop loss level, and a target. The entry point should be at this market levels, the stop loss should be above the H1 candle open level 12100 and the target should be at the uptrend line 11850 level.
RR ratio 1:1
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