Watching XDN, seems bullish to me...
Updated
Watching XDN at critical level.
Trading channel between 49 and 78. Above 78, resistance will be around 100.
48 looks like a good zone for rebuy.
We need to confirm the bullish movement before starting long position.
Target 1 275
Target 2 353
GL!
Trading channel between 49 and 78. Above 78, resistance will be around 100.
48 looks like a good zone for rebuy.
We need to confirm the bullish movement before starting long position.
Target 1 275
Target 2 353
GL!
Comment
Zoom in:We haven't seen a big drop so far to return to Blue trend line. Meaning bulls are holding position and expecting a rebuy. Stop loss should be placed correctly if you started a position at the first bullish sign (33 level).
Comment
AT RESISTANCE LEVEL... Just a matter of time now. We need to break the 100 wall.
Trade closed: target reached
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