16th January 2017
Here's another update with revised levels and targets.
Have drawn in the red sloping line, i am looking for price to stay within this line, with a push below the blue dashed line at $ 50.90 should give direction.
Then a push below the green dashed line at $ 50 should give confirmation of the move.
I am in late on this one, should have been in at the anticipated high of $ 55, that said a break above that figure could see higher prices towards the $ 58 level.
SL is at $ 53.80
Here's another update with revised levels and targets.
Have drawn in the red sloping line, i am looking for price to stay within this line, with a push below the blue dashed line at $ 50.90 should give direction.
Then a push below the green dashed line at $ 50 should give confirmation of the move.
I am in late on this one, should have been in at the anticipated high of $ 55, that said a break above that figure could see higher prices towards the $ 58 level.
SL is at $ 53.80
Trade closed: stop reached
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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.