Sell stop AUS200 at 7920.4 area

5 sept

AUS200 is under pressure to the downside after failing to establish its upside momentum. The price also broke channel and trend line support indicating its strong bearish momentum. The price also failed to stay above moving averages, and seasonally, September is known as a bad month for the stock market as well.

I set my sell stop below the swing slow to catch bearish momentum and set my stop loss above the swing high on a 4 h timeframe.

Trade safe and manage your risk guys

Happy trading

6 sept

Nota

sell stop triggered

9 sept

Operación cerrada: precio stop alcanzado

hit Stop loss