My previous Long Position from $8100 is closed with loss and I take it. This is an at least 10% profit trade and up to 14% multiply with Leverage. That was a misplay which is the first loss trade in the recent 2 months. It did make me more cautious but not stopping me from any profitable opportunity.
LONG POSITION SET UP
Entry: $7100-$6900
Stop Loss: $6700
Take Profit : $7700,$8200,$8400
I have actually posted this set up in my group and it is in 473% ROE for my members but it is still early for the Take Profit Area so you can still catch the flight.
This is not from a big picture but a technical view.
After my previous was closed with Stop Loss, I have advised to enter for a long or buy orders at $6800 in my group.
We should able to see a movement up to at least $7700 to touch the previous support which is the first current resistance in 1H, 4H and 1D charts.