If 6:00 candle closes at the trendline and not below it, then bulls are racking up good momentum to shoot up possibly tonight. lets hope for the close to follow through and watch for RSI divergence later tonight if it does so you can get your enteries!
check your charts at 7:00 candle to see if the close went through!
check your charts at 7:00 candle to see if the close went through!
Comment:
setup seems to still be good just a different entry since momentum is weaker than expected. bears may push prices lower than that entry since they are not too strong yet
Comment:
exited trade somewhere above 121. took about a 30 pip gainagainst a 13 pip sl which was the setup i made after previous comment. took double my risk in profits without reaching full target... was a decent trade but price structure changed.
David K Giraldo
