Good evening all,
This is NOT a copy & paste from yesterday. Well, it is..... In a way that my view hasn't changed and levels haven't been breached.
With an ascending triangle forming at 35800, from here, if the market goes up, it will be as follows:
Long side view:
Buy above 35820
Target 1 - 36050
Target 2 - 36445
Target 3 - 36575
However in my view, it will touch the 36000 range and then probably drop back, and if it does, then;
Short Side view:
Sell below 35400
Target 1 - 35120
Target 2 Zone (35000 - 34900)
Target 3 - 34650
*** This is a view and not necessarily a trade recommendation ***
However, If you like my idea..., do spread the word.
This is NOT a copy & paste from yesterday. Well, it is..... In a way that my view hasn't changed and levels haven't been breached.
With an ascending triangle forming at 35800, from here, if the market goes up, it will be as follows:
Long side view:
Buy above 35820
Target 1 - 36050
Target 2 - 36445
Target 3 - 36575
However in my view, it will touch the 36000 range and then probably drop back, and if it does, then;
Short Side view:
Sell below 35400
Target 1 - 35120
Target 2 Zone (35000 - 34900)
Target 3 - 34650
*** This is a view and not necessarily a trade recommendation ***
However, If you like my idea..., do spread the word.
Trade closed: target reached:
While the overall view was negated, the target on short side achieved