We have entered a long position on
BID
.
It has been trading in an upward channel for quite a few days. It retraced a bit and has bounced off the bottom of the channel and seems to be on its way up. We are looking for it to get some resistance at around the 28780 level and will exit the trade if it goes down to the previous support level at around 26200.
BID
. It has been trading in an upward channel for quite a few days. It retraced a bit and has bounced off the bottom of the channel and seems to be on its way up. We are looking for it to get some resistance at around the 28780 level and will exit the trade if it goes down to the previous support level at around 26200.
Trade active:
This trade is looking great and looks like it will reach our target in the next day or two
Trade closed: target reached:
Reached our target yesterday and we took a great profit.
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