Instrument- Brent crude Direction - SELL Order price- 60.60 Stop Loss - 61.60 Targets - 58.43(tp1), 57.37(tp2), 53.18(tp3)
Monday idea For gold.. 38% retrace on pivot point if holds we go up.
think we mite go down for the day, waiting for candle to close see if it going to trade below or above the trend line i can see 1326 if we break the line, if not we try yesterdays high.
Watch RSI and price action ( diversion ) if close like this!!
We had a very interest week bias was mixed. As we can see 1307 area is a strong Support, we have a diversion when RSI cant keep up with the price on the 1 hr chart. my plan is to keep my position open (1322) as we spoke yesterday, If It holds that trade line and trade above 1336 until 1357 area(Target for tp 1). Have to watch also 1340 that could be a strong...