Good evening all,
Today: As expected, a tricky place to be and with rapid moves. This however creates a favourable structure for tomorrow.
Tomorrow: All in possibility the downward move should continue unless the trappers play it foul. The 'short' side move has a potential till 35000 on the current structure.
So;
Long side view:
Buy above 36250
Target 1 zone 36420 - 36450
TSL above this
Target 2 36770
(Long SL - 36000)
---------------
Short side view:
Sell below 35490
Target 1 - 35330 (if the market opens gap down, make this your entry point, but let it sustain and then make the earlier entry your SL)
TSL below this
Target 2 35140
Target 3 zone 35000 - 34950
(Short SL - 35600)
*** 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.
Today: As expected, a tricky place to be and with rapid moves. This however creates a favourable structure for tomorrow.
Tomorrow: All in possibility the downward move should continue unless the trappers play it foul. The 'short' side move has a potential till 35000 on the current structure.
So;
Long side view:
Buy above 36250
Target 1 zone 36420 - 36450
TSL above this
Target 2 36770
(Long SL - 36000)
---------------
Short side view:
Sell below 35490
Target 1 - 35330 (if the market opens gap down, make this your entry point, but let it sustain and then make the earlier entry your SL)
TSL below this
Target 2 35140
Target 3 zone 35000 - 34950
(Short SL - 35600)
*** 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.
Trade closed: target reached:
Long Target 1 achieved
