The red dotted line shown is the weekly bearish trend line that has recently got a break out.
You can go to a smaller time frame, the 4H or 1H to find a better entry point. That may be a retracement that offers you a good opportunity to get in.
Now, commodity is much more volatile so don't be stingy with your SL , give it a wider margin else you will be disappointed when the game is over much faster than you anticipated.
Good luck!
You can go to a smaller time frame, the 4H or 1H to find a better entry point. That may be a retracement that offers you a good opportunity to get in.
Now, commodity is much more volatile so don't be stingy with your SL , give it a wider margin else you will be disappointed when the game is over much faster than you anticipated.
Good luck!
Trade active
praise God, congrats to those who followed. Please take half profits and adjust your SL to breakeven or around 9431 levelTrade closed: target reached
1st profit target hit. Congrats to those who followed
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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.