Weekly Trade Setups – 10th Sept to 14th Sept 2018

PLS NOTE : All chart analysis posted below are the author’s own idea of trading for educational purpose only &  not any form of advice or recommendations or opinion to anyone

 

LEAD : 

Price is below the key support area below 2078.

We were eager to find price action sell signal at around

2078 which is a strong resistance area

Price has failed to close above 2078 which indicates sellers are more aggressive at resistance level of 2078.

This situation can be traded short side with a stop loss of 2093 for the target of 1925 area.