I'm looking to take a Long position at the 8:30 AM open tomorrow. I've drawn out two key setups that would confirm my bullish outlook above. Ideally, we open within the 43,505 - 43,575 range, setting up a strong buying opportunity. The Daily formed a nice doji candle to close out Monday, so I am really confident that we will see some nice bullish action tomorrow morning.
Just throwing ideas out there, I won't really know anything for certain until around 7am. Lets collect these ticks⚡
Trade closed: target reached
My morning analysis prepared me for the 43,752 Retrace. I knew things would get shaky there based off of previous price action. I ended up closing the Long for a 3.68RR then Shorting the 30 minute doji for 2.96RR. Great day for me⚡
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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.