Last trading session, we have kissed the resist @ ~ 56,75$ -this is an Action Point !
3 thinkable positions:
-Anticyclical shortposition at the recent Niveau - tp bottom of the trading box (mangenta) - the RSI signs that this is the next possible move
- Procyclical BO-longposition stoppbuy > 57.5 --> TP 63,5$ SL ~ 53.5$
- Procyclical shortpüosition--> stoppsell < 47.5 - tp 40$
3 thinkable positions:
-Anticyclical shortposition at the recent Niveau - tp bottom of the trading box (mangenta) - the RSI signs that this is the next possible move
- Procyclical BO-longposition stoppbuy > 57.5 --> TP 63,5$ SL ~ 53.5$
- Procyclical shortpüosition--> stoppsell < 47.5 - tp 40$
Comment:
Close scrutiny of island reversal formations shows that the island reversal consists of an exhaustion gap and the subsequent move is followed by a breakaway gap! Here we see a very rare Island Gap!
Comment:
next bo ahead?
Comment:
Comment:
with the todays Gap Up to the max. tp of the illustrated H&S! Cheers!
Trade closed: target reached:
Nice1!
Trade closed: target reached:
