Good evening all,
Today we waited and waited some more for 35800 to be breached. But naaaa, not happening.
For tomorrow, the possibility of 'Long' is more than today with higher lows being made consistently and trend line being respected..... Very much.
But again.... it will need to break 35800;
Long side view:
Buy above 35800
Target 1 - 35935
Target 2 - 36000
However, if it breaks the trend line and goes down;
Short Side view:
Sell below 35600
Target 1 - 35430
Target 2 - 35365
Target 2 - 35300
On either side, 100 point stop loss is a good idea, providing you a RR of at least 1:1
*** This is a view and not necessarily a trade recommendation ***
However, If you like my idea..., do spread the word.
Today we waited and waited some more for 35800 to be breached. But naaaa, not happening.
For tomorrow, the possibility of 'Long' is more than today with higher lows being made consistently and trend line being respected..... Very much.
But again.... it will need to break 35800;
Long side view:
Buy above 35800
Target 1 - 35935
Target 2 - 36000
However, if it breaks the trend line and goes down;
Short Side view:
Sell below 35600
Target 1 - 35430
Target 2 - 35365
Target 2 - 35300
On either side, 100 point stop loss is a good idea, providing you a RR of at least 1:1
*** This is a view and not necessarily a trade recommendation ***
However, If you like my idea..., do spread the word.
Trade closed: target reached