Hi Traders!
Last week into Sunday we GJ had a good push to 197.000 area. Rejected a little bit, but it didn't close below the last low at 196.500. The only way I'd look for a sell is if it started making a reversal breaking structure to the downside (15M). At this moment, I'm looking for price to break above 197.000 with continuation. A break of structure would be past the last higher low at 197.300. If this sets up, TP Target would be in the 200s.
Entry: 197.000
TP: 200.000
SL: 196.300 (Adjust depending on your style)
*DISCLAIMER: I am not a financial advisor. The ideas and trades I take on my page are for educational and entertainment purposes only. I'm just showing you guys how I trade. Remember, trading of any kind involves risk. Your investments are solely your responsibility and not mine.*
Last week into Sunday we GJ had a good push to 197.000 area. Rejected a little bit, but it didn't close below the last low at 196.500. The only way I'd look for a sell is if it started making a reversal breaking structure to the downside (15M). At this moment, I'm looking for price to break above 197.000 with continuation. A break of structure would be past the last higher low at 197.300. If this sets up, TP Target would be in the 200s.
Entry: 197.000
TP: 200.000
SL: 196.300 (Adjust depending on your style)
*DISCLAIMER: I am not a financial advisor. The ideas and trades I take on my page are for educational and entertainment purposes only. I'm just showing you guys how I trade. Remember, trading of any kind involves risk. Your investments are solely your responsibility and not mine.*
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.