What can we see technically?
-Technicals:
-Overall bullish
-however all time rejected record high
-Monthly supply created
-price to transition between monthly and weekly zone.
-Daily - creating indecision candles.
- Zone of consolidation forming in a nice range above 10,000, however break of 10,000 which price has attempted to do will see a good sell off.
Where to enter?
Follow your plan
we entered at 10,056 as we could see these zones lining up with our analysis
we have further sells at 10,400 if price reaches the lower weekly deep retest.
Trade is risk free, we also sold QQQs investment trust if CFD is too risky for you.
Note: Trading is about timing. so even if our stop loss gets hit on the chart. We may not have entered all together and orders can be adjusted.
Trade what you see, this is purely our Bias.
Why follow us?
Updates on our pairs as and when we can.
Swing trade out looks
10 years combined experience in capital markets
simple breakdowns for beginners to advanced .
KISS - keep it simple stupid.
we trade purely from naked charts, less indicators - remove the noise.
If you like our work, please leave a like or comment.
Many thanks to the people who are new and previously following us. We appreciate your support.
Take care
Thanks,
Team Lupa.
-Technicals:
-Overall bullish
-however all time rejected record high
-Monthly supply created
-price to transition between monthly and weekly zone.
-Daily - creating indecision candles.
- Zone of consolidation forming in a nice range above 10,000, however break of 10,000 which price has attempted to do will see a good sell off.
Where to enter?
Follow your plan
we entered at 10,056 as we could see these zones lining up with our analysis
we have further sells at 10,400 if price reaches the lower weekly deep retest.
Trade is risk free, we also sold QQQs investment trust if CFD is too risky for you.
Note: Trading is about timing. so even if our stop loss gets hit on the chart. We may not have entered all together and orders can be adjusted.
Trade what you see, this is purely our Bias.
Why follow us?
Updates on our pairs as and when we can.
Swing trade out looks
10 years combined experience in capital markets
simple breakdowns for beginners to advanced .
KISS - keep it simple stupid.
we trade purely from naked charts, less indicators - remove the noise.
If you like our work, please leave a like or comment.
Many thanks to the people who are new and previously following us. We appreciate your support.
Take care
Thanks,
Team Lupa.