Good morning all,
Friday: Our Target on the long side was met and then index went into a range. However, it created a structure for us to potentially trade on today.
Today: We may see some quick movements and then mostly a range bound. Why?, Because Index is hovering around the resistance area and RSI at 56. and the short is way down below.
So;
Long side view:
Buy above 37865
Target 1 zone 37980 - 38050
TSL above this
Target 2 - 38130
(Long SL - 37750)
---------------
Short side view:
Sell below 37410
Target 1 - 37185
TSL below this
Target 2 zone 37050 - 37000
(Short SL - 37570)
*** 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.
Friday: Our Target on the long side was met and then index went into a range. However, it created a structure for us to potentially trade on today.
Today: We may see some quick movements and then mostly a range bound. Why?, Because Index is hovering around the resistance area and RSI at 56. and the short is way down below.
So;
Long side view:
Buy above 37865
Target 1 zone 37980 - 38050
TSL above this
Target 2 - 38130
(Long SL - 37750)
---------------
Short side view:
Sell below 37410
Target 1 - 37185
TSL below this
Target 2 zone 37050 - 37000
(Short SL - 37570)
*** 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.
Order cancelled
Gap up denied entry
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.