Chart Source: Poemsview 11th nov 2019
Hi-p has seen a very good run over the past month. As with any good runs, a pullback might be healthy for it to move higher in future. Hi-p might see a pullback in the coming days which is healthy to us.
A trader could take advantage of the downside by going SHORT which is essential to remain above water in this market condition. One could trade Hi-p to the downside using CFDs to aide them.
Our levels or Hi-p is drawn on the chart and if it reaches there we’ll evaluate Hi-p again.