Good morning all,
Friday: A huge Gap down entry denied us 2 targets. But life is such and so is BNF.
Tomorrow: Again we are have the RSI at around 50 suggesting a move on the either side. On the long side, we wait for 38450 to see some incremental benefit and on the short side the set up suggests a move below 37940.
So;
Long side view:
Buy above 38450
Target 1 zone 38525 - 38575
TSL above this
Target 2 - 38650
(Long SL - 38365)
---------------
Short side view:
Sell below 37940
Target 1 zone 37845
TSL below this
Target 2 - 37715
Target 3 - 37585
(Short SL - 38000)
*** This is a view and not necessarily a trade recommendation ***
However, If you like my idea..., hit like, follow me, and do spread the word.
Friday: A huge Gap down entry denied us 2 targets. But life is such and so is BNF.
Tomorrow: Again we are have the RSI at around 50 suggesting a move on the either side. On the long side, we wait for 38450 to see some incremental benefit and on the short side the set up suggests a move below 37940.
So;
Long side view:
Buy above 38450
Target 1 zone 38525 - 38575
TSL above this
Target 2 - 38650
(Long SL - 38365)
---------------
Short side view:
Sell below 37940
Target 1 zone 37845
TSL below this
Target 2 - 37715
Target 3 - 37585
(Short SL - 38000)
*** This is a view and not necessarily a trade recommendation ***
However, If you like my idea..., hit like, follow me, and do spread the word.
Trade closed: target reached
Long Target 1 achieved
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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.
Related publications
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.