Completing a double bottom in recent price action has alerted the bulls in this market. I continue to believe that 1765 is a key level for price to not only test but to break if the bulls are to reach the 2k levels of 2020.
- Short term we see this going to 1765 with some momentum to the upside
- MAs are looking good but again, further confirmation is needed for probability
- Scalp entries on the shorter time frames such as 15/30min for the next 300
PLEASE SEE MY RELATED IDEA FROM PREVIOUS ANALYSIS
- Short term we see this going to 1765 with some momentum to the upside
- MAs are looking good but again, further confirmation is needed for probability
- Scalp entries on the shorter time frames such as 15/30min for the next 300
PLEASE SEE MY RELATED IDEA FROM PREVIOUS ANALYSIS
Note
Trade active from 1721.5 and stops are now at breakeven. On to the next one!Note
Trade is running in healthy profits for stops to be placed at breakeven.Targets at 1755-1765Trade closed: target reached
Targets closed at 1755 on the retest of structure highs. As a long term bull, more entries can be taken long term after 1765
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Related publications
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.