Happy month end, Happy Midweek, Happy Wednesday,
Bulls have managed to regain 13k overnight. So 13k is line in the sand. 13 125 now is the key level on the upside. Any break below 12 850 will confirm bear strength.
Last day of the volatime month.
Macro EU DE Unemployment, HICP, US Employment Change, Chicago PMI
Buy
Break: 13 045, 088, 110, 150
Reversal: 12 998, 935, 850, 815, 738, 690
Sell
Break: 13 013, 12 942, 870, 810, 775
Reversal: 13 094, 125, 154, 219, 290
I regularly publish my daily analysis & trading plan for day trading setups. The links are here:
Green Goblin levels are here >>>
Fibonacci Confluence levels are here >>>
Bulls have managed to regain 13k overnight. So 13k is line in the sand. 13 125 now is the key level on the upside. Any break below 12 850 will confirm bear strength.
Last day of the volatime month.
Macro EU DE Unemployment, HICP, US Employment Change, Chicago PMI
Buy
Break: 13 045, 088, 110, 150
Reversal: 12 998, 935, 850, 815, 738, 690
Sell
Break: 13 013, 12 942, 870, 810, 775
Reversal: 13 094, 125, 154, 219, 290
I regularly publish my daily analysis & trading plan for day trading setups. The links are here:
Green Goblin levels are here >>>
Fibonacci Confluence levels are here >>>
Trade active:
Trade 1: Blue level B bull line at 13013 rejection. Entry on retest
Short Trade 13013
SL 30 pts
TP1 3:1 ✅ 60 pts
TP2 6:1 ✅ 120 pts 👉🏼 Stop ⏩ 3R
TP3 9:1 Pending
Short Trade 13013
SL 30 pts
TP1 3:1 ✅ 60 pts
TP2 6:1 ✅ 120 pts 👉🏼 Stop ⏩ 3R
TP3 9:1 Pending
Trade closed: target reached:
Trade 1: Update: 9:1 done and immediate bounce back. This is the reason why I have the targets that I have
Short Trade 13013
SL 30 pts
TP1 3:1 ✅ 60 pts
TP2 6:1 ✅ 120 pts
TP3 9:1 ✅ 180 pts
➡️ 360 pts total on 3 positions
➡️ 120 pts per position
➡️ 20 pts risk
➡️ Average 6R /6X
Short Trade 13013
SL 30 pts
TP1 3:1 ✅ 60 pts
TP2 6:1 ✅ 120 pts
TP3 9:1 ✅ 180 pts
➡️ 360 pts total on 3 positions
➡️ 120 pts per position
➡️ 20 pts risk
➡️ Average 6R /6X
Find my daily analysis + trades live & FREE 🆓 💰
👉🏼https://twitter.com/trading_indian
Learn my strategy and get indicators & tools 👉🏼https://www.tradingindian.com
👉🏼https://twitter.com/trading_indian
Learn my strategy and get indicators & tools 👉🏼https://www.tradingindian.com
The levels behaved well.
1 trade with 360 pts total. 120 pts average with 20 pts stop. Overall 6R/6X
Zone chart here >>>
Green goblins chart here >>>
Fibonacci confluence here >>>