Friday: A huge Gap down entry denied us 2 targets. But life is such and so is BNF.
Tomorrow: Again we are have the RSI at around 50 suggesting a move on the either side. On the long side, we wait for 38450 to see some incremental benefit and on the short side the set up suggests a move below 37940.
So; Long side view: Buy above 38450 Target 1 zone 38525 - 38575 TSL above this Target 2 - 38650 (Long SL - 38365) --------------- Short side view: Sell below 37940 Target 1 zone 37845 TSL below this Target 2 - 37715 Target 3 - 37585 (Short SL - 38000)
*** This is a view and not necessarily a trade recommendation *** However, If you like my idea..., hit like, follow me, and do spread the word.