Tomorrow Plan is short continuation only if it opens below the support or it breaks. Otherwise market can be in range and 90% chance it won't break today's high it will close below that only.
Logic is as we saw today a range formed after a fall but holding last support zone.
Trade plan - short below the support zones. If support zone doesn't break it will bounce back and can remain sideways.
Logic is as we saw today a range formed after a fall but holding last support zone.
Trade plan - short below the support zones. If support zone doesn't break it will bounce back and can remain sideways.
Trade active
50 points after breakdown.Note
keep trailing as it can reverse anytime. Trade closed: target reached
60 Points fall captured. Now wait for trail sl to hit or close the trade. I hope you are getting good ideas of how the market is working.Note
Check the levels and logic provided everything worked crystal clear.
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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.