Trade base on your own understanding, this idea base on monthly opening price at 2286.7
The idea must be clear that previous low before it rise up again. atleast 2265-2255
Once the previous low clear , we wait for price to form a shift of structure.
But if youre an agressive trader welcome to trade it in. Im waiting the price to comeback to 2286.7 for my entry.
This is not a financial advice, confluence and noise on lower timeframe makes you feel your wrong or right, but you must accept the higher timeframe key here!
Follow for more .
Trade at your own risk.
risk only 2% of your account.
The idea must be clear that previous low before it rise up again. atleast 2265-2255
Once the previous low clear , we wait for price to form a shift of structure.
But if youre an agressive trader welcome to trade it in. Im waiting the price to comeback to 2286.7 for my entry.
This is not a financial advice, confluence and noise on lower timeframe makes you feel your wrong or right, but you must accept the higher timeframe key here!
Follow for more .
Trade at your own risk.
risk only 2% of your account.
keep updated for new chart this week before CPI news, I update this idea.
Thanks to all who like this, this idea since posted is not telling to short or buy, Im waiting it to form for a buy order below the previous low. Now it makes sense for CPI to grab new low this week.
ciao...