Previous trade at 7110 (short) for targeted 40 pts was hit with minimal pt draw down. In fact the move ended up going 80+ pts.
Next setup I'm monitoring, should price get down there, will be at 6950 (long) for a targeted 40 pts - with potential for 80 pts.
There might even be a potential reversal at 7000/6990 that could be worth something. However, If price moves above 7090 before then, this setup become invalid for me.
Next setup I'm monitoring, should price get down there, will be at 6950 (long) for a targeted 40 pts - with potential for 80 pts.
There might even be a potential reversal at 7000/6990 that could be worth something. However, If price moves above 7090 before then, this setup become invalid for me.
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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.