After being rejected at 1.8$, STX fell sharply to 1.2$ to retest this zone. The selling has decreased a lot when approaching this $1.2 zone so in the next few days we could see a rally at least to the $1.4 and $ 1.6 zones. STX can also increase sharply to retest the 1.8$ zone but to overcome this zone will be very difficult with the current trend.
ðRED PLAN
âŧïļCondition : If 1-Day closes ABOVE 1.2$ zone
ðīBuy : 1.2
ðīSell : 1.4 - 1.6 - 1.8
ðBLUE PLAN
âŧïļCondition : If 1-Day closes BELOW 1.2$ zone
ðĩSell : 1.2
ðĩBuy : 1.05 - 0.9
âDetails
ðŦStoploss for Long : 10%
ðŦStoploss for Short : 5%
ðRed Arrow : Main Direction as RED PLAN
ðBlue Arrow : Back-Up Direction as BLUE PLAN
ðĐGreen zone : Support zone as BUY section
ðĨRed zone : Resistance zone as SELL section