Price has been flirting with the edge of that daily SSB since 4 November. Everytime the bears tried to take it down it just kept coming back at it forming a longish ascending triangle. Price wants to higher (see my big picture analysis on black gold attached) and we are likely to see a good breakout anytime now. The lagging is also close to the Kijun and whatever move comes has to be strong enough to pierce through that barrier. We will play this with a bit of aggression and position ourselves before the move.
Entry: 2 small position @ 62.79
SL: 62.81
TP1: 64.61
TP2:65.89
NB: Manage your risk
Entry: 2 small position @ 62.79
SL: 62.81
TP1: 64.61
TP2:65.89
NB: Manage your risk
Trade active:
Well it seems price was already in motion whilst i was writing the analysis..Anyway we enter and activate our position 62.92
