Possible Long
Updated
another DiNapoli DRPO possibilty to enter long when next (or within 2-3 days) candle close above 3x3.
stop on close (not penetration) below 117.21.
if closes below 117.21 enter short (in many case when DRPO fails it fails miserably. it means there is a chance for nice move down)
stop on close (not penetration) below 117.21.
if closes below 117.21 enter short (in many case when DRPO fails it fails miserably. it means there is a chance for nice move down)
Note
watch closely. daily bar will close above 3x3 probably. enter on first retracement or on close bar. target 50%fib
Order cancelled
daily bar didnt close above 3x3 MA so order is cancelledanother close below 3x3 opens more space down - >> shorting here
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