Action : as documented on the chart, so we are now in a Long position.
Why : as seen in the pane below of the chart, indicators gave positive signs of going Long, even if the past resistances were not crossed up by yesterday's high.
Risk : the cost of a possible lost remains low as presented on the chart ; to remember, that YM value is moving in a turbulent and skittishness zone.
Conclusion : not an easy situation if we look at the CCI going (orange line in pane below) at the top value, during the beginning of this trade.
Why : as seen in the pane below of the chart, indicators gave positive signs of going Long, even if the past resistances were not crossed up by yesterday's high.
Risk : the cost of a possible lost remains low as presented on the chart ; to remember, that YM value is moving in a turbulent and skittishness zone.
Conclusion : not an easy situation if we look at the CCI going (orange line in pane below) at the top value, during the beginning of this trade.
Wyn-Trader
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.
Wyn-Trader
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.