BA
By all trading laws, Boeing has to get back up at the level today.
And that's why: we've come to a strong historical mirror of 188.26 on month TF.
We came down with one paranormal bar, and in this connection, a large short player usually dont have much enough position to break through a strong historical level, because there are reverse orders there.
But based on the market situation, that's what I think:
1. We open with a gap downstairs.
2. If we go beyond 158.83, we go further into the shorts caused by the cascade triggering SL of long players and the added force orders of short players.
My entry point on the shorts by a break-down model: 158.5
Usually, a break-down model u can enter directly a few points below the level, but due to uncertainty in the market, the level may be sawn. I do not want to participate in this sawing. I want to join the winner. I expect it to be a short player.
I'm gonna put a Stop-order up the level.
I'm out on TP by the calculated ratio TR\R: 3.1/1
Trade closed: target reached