Hi Traders!
At this moment, I am starting to see we're in a range between 194.000 and 195.000. In order for me to get into this trade again, upside or downside, I need a little more confirmation where price wants to go.
If price can break above 195.000 with follow through- I will consider the long. If price breaks below 193.000 with follow through, then I will look for the short.
My long target would be around 197.000. This will bring us to another sell stop area. Short target 193.000/192.000. That will bring price to retest the CHOCH area. I've learned that price does like to return to previous CHOCH areas and potentially bounce for the long. Lets see what the market gives us!
Patience Pays.
*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.*
At this moment, I am starting to see we're in a range between 194.000 and 195.000. In order for me to get into this trade again, upside or downside, I need a little more confirmation where price wants to go.
If price can break above 195.000 with follow through- I will consider the long. If price breaks below 193.000 with follow through, then I will look for the short.
My long target would be around 197.000. This will bring us to another sell stop area. Short target 193.000/192.000. That will bring price to retest the CHOCH area. I've learned that price does like to return to previous CHOCH areas and potentially bounce for the long. Lets see what the market gives us!
Patience Pays.
*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.