My post yesterday was titled "Let the crash begin?"
Probably will be more apt without the ?
We had a 100pts downmove then a pullback of 50pts. I still see further down; as I tweeted yesterday, no news is bad news.
Blue zone is usually my buy/sell level.But given the large movement yesterday, I actually put in an orange zone.
Be short below 3406 target 3382.8,3360-66 and even 3318. 3272, if we somehow reach there, will offer low risk buy level.
Do nothing between 3413.6 and 3424. If price pullback to this deeper levell, 3424-28 is the level to hold. If rejected, lower targets as mentioned above will be in play.
I will only want to look for longs above 3428, targetting 3448. 3458 should cap high of day - low risk sell level.
Probably will be more apt without the ?
We had a 100pts downmove then a pullback of 50pts. I still see further down; as I tweeted yesterday, no news is bad news.
Blue zone is usually my buy/sell level.But given the large movement yesterday, I actually put in an orange zone.
Be short below 3406 target 3382.8,3360-66 and even 3318. 3272, if we somehow reach there, will offer low risk buy level.
Do nothing between 3413.6 and 3424. If price pullback to this deeper levell, 3424-28 is the level to hold. If rejected, lower targets as mentioned above will be in play.
I will only want to look for longs above 3428, targetting 3448. 3458 should cap high of day - low risk sell level.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Join me for free on Patreon (patreon.com/fademeifyoucan) to receive my daily FX and indices trading plan. DM me to join my new group to learn all my trading levels and to trade together.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.