The Dax found support right where you would expect and gifted us with a higher low at the daily and weekly S1 pivots.
I have entered at 10405 with stops below 10315 and expecting a move to at least 10540 leaving the RR at about 1.5 which is ok for a scalp play.
There is also a longer term play which could be considered and is visible in the chart with self explanation.
Regards
I have entered at 10405 with stops below 10315 and expecting a move to at least 10540 leaving the RR at about 1.5 which is ok for a scalp play.
There is also a longer term play which could be considered and is visible in the chart with self explanation.
Regards
Trade closed manually:
Closed this scalp long and I am now short.
Dax fails to move above it's daily pivot update in new chart below.
Closed Trade Manually With No Loss Or Gain At Break Even.
Dax fails to move above it's daily pivot update in new chart below.
Closed Trade Manually With No Loss Or Gain At Break Even.
Comment:
Dax Short From Above Chart In The Money
Comment:
Decision Time!