Like with another idea in gold, I'm looking at specific behavior dealing with TDI. On daily we have fast RSI coming back in the BB and crossing slow RSI so a reversal may come around. Monthly is bullish but under RSI50 and weekly is bearish but above RSI50. So I'm picking monthly power and will see what happens next.
Also I'm picking LONG because of a very small SL.
GL HF
Also I'm picking LONG because of a very small SL.
GL HF
Trade closed: stop reached:
Nice, thank you GBPAUD for getting stop right away on daily trade! I will work on this difference b/w monthly and weekly behavior and how to trade (or not to) it.
It was actually not so bad.