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$BSB – It's trading in a downtrend with a bearish momentum.
Trading Plan Short $BSB
Entry: 1.2113 – 1.2944
SL: 1.3362
TP: 0.88
TP: 0.85331
TP: 0.83739
Price is below its 50-day moving average and has formed a bearish engulfing pattern. The Relative Strength Index (RSI) is in oversold territory, indicating a potential bounce. A short position is likely to be profitable if the price continues to decline.
Trade $BSB here 👇