After exiting final shorts and falling to a STRONG support level for longs, it is a good idea to exit shorts..
We are Far off our key moving averages.. This means price is VERY low and must taken to the long side. Early price rejection also helps share market bias to the longside.
We can start to get long as this occurs, NOTE the MM stop ( price falling under PREV low ).
Looking for a move back towards early resistance for first initial EXITS.
We are Far off our key moving averages.. This means price is VERY low and must taken to the long side. Early price rejection also helps share market bias to the longside.
We can start to get long as this occurs, NOTE the MM stop ( price falling under PREV low ).
Looking for a move back towards early resistance for first initial EXITS.
Trade closed: target reached:
Out for profit.
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