Technical Analysis
Frame 30 minutes is showing some good reasons to go in long trade for tomorrow.
RSI 8, Ma 8, are in 60%, the prices are over the BB 20 basis, $999.46.
But there is another signal, showing the prices will drop at the end of the day. So, it is important to take the profits and set the positions to go in short trade as soon the signals change to downward.
The results, of the Intraday Strategy. Pivot levels
R3 1,063.35
R2 1039.13
R1 1,021.84
PP 997.62
S1 980.33
S2 956.11
S3 938.82
Frame 30 minutes is showing some good reasons to go in long trade for tomorrow.
RSI 8, Ma 8, are in 60%, the prices are over the BB 20 basis, $999.46.
But there is another signal, showing the prices will drop at the end of the day. So, it is important to take the profits and set the positions to go in short trade as soon the signals change to downward.
The results, of the Intraday Strategy. Pivot levels
R3 1,063.35
R2 1039.13
R1 1,021.84
PP 997.62
S1 980.33
S2 956.11
S3 938.82
Comment:
Prices are going up! Hitting R1. Maybe tomorrow, it migth hit R2...