as we see the price formed a bullish structure and still bulls are on the market, on the other hand we cant see any retracement before its secondary bullish move, lets wait till price forms a new support below 1918, then if just one candle rejects its new support, i will search for entry point.
Fundamental views on this chart : today we have PPI m/m , its not making the price movement wild, but it can just form a new support area for us, lets see how the market goes.
* if price goes bullish before making a new support at the area we are expecting, just let it go. we miss it, dont worry
Fundamental views on this chart : today we have PPI m/m , its not making the price movement wild, but it can just form a new support area for us, lets see how the market goes.
* if price goes bullish before making a new support at the area we are expecting, just let it go. we miss it, dont worry
Trade closed: target reached
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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.