Expecting a range day until fed meeting.
If the current green box hold, then we can go long in morning with possible target as 35500
If we break the current green box then we are looking for a downward move to 35250.
Would be great to take a look at overnight price action
If long:
Entry - 35400
Stop - 35350
Target - 35500
If short:
Entry - 35350
Stop - 35400
Target - 35250
If the current green box hold, then we can go long in morning with possible target as 35500
If we break the current green box then we are looking for a downward move to 35250.
Would be great to take a look at overnight price action
If long:
Entry - 35400
Stop - 35350
Target - 35500
If short:
Entry - 35350
Stop - 35400
Target - 35250
Trade active
We broke the green box overnight. We will go short here.refer to this new chart :
I am expecting price to touch the green box with close above red box as the stop loss
Entry - 35380
Stop - 35430 (I would like to see a 15 min close above this level)
Target - 35280
Trade closed: stop reached
We got a good initial downward move but market pumped up at the open. We got a 15 min close above 35430 so we closed the trade for a loss.
This was an unsuccessful trade
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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.