FROM PREVIOUS SELL CALL, Ezra has broke even our final support at 0.94 as mentioned in previous post yesterday. Resistance would be at 0.88 to 0.90 now and there can still be more downside if these resistances remains. Can consider MORE CFD SELL TO RIDE ANY downside with target at 0.80 to0.82 level where we can expect some technical given the quick sell down. Lower Buy stop loss to 0.89 now for those who had short positions previously.
Congrats to clients who manage to participate in the DOWNSIDE !!
Sent: Monday, September 15, 2014 10:34 AM
Subject: ************************* Bearish Setup: Ezra - Breakdown of Neckline support at 1.08.... Bearish Head and Shoulder spotted... price 1.07
Subject: ************************* Bearish Setup: Ezra - Breakdown of Neckline support at 1.08.... Bearish Head and Shoulder spotted... price 1.07
CFD Sell Entry: 1.07 to 1.08
Target: 1.025, 1.00 then 0.94
Buy Stop loss: 1.105
Reason: Break down of neckline support at 1.08 today can signal a downward reversal. Stochastic and RSI both trending lower on current price action which can continue as long as 1.085 remains as a resistance now. CFD SELL positions to ride any down can be used.
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