Stay above Support -> Target: 388 No long entry at this point, expecting some volatility under the support first. Bullish bias for the week.
R/R: 2.76. No leverage, spot hedge for now.
Failed to cover up losses and reach 10000s after 9750 break. Last 15-20 bar looks like distribution. Expecting a drop. Bad case scenario sfp over 9900s therefore no reason to keep over 9750, tight invalidation level.
Considering situation in financial markets, cant see a huge potential for upside moves. Possible double top formation, some minor bearish divergences in volume. If this works, 8.2k can be at stake.
Failure to break 8.7k. Closed my hedge short, worth giving a try. Tight stop, hoping won't be an sfp.
It's been a week since my last trade. Willing to take this one, looking good for the long side. See if I can get filled. Entry: 7461 Target: 7782 SL: 7383 R/R : 4.12
We got the fake breakout. Trying a long there. Entry: 7799 Target: 8096 SL: 7676