Based on current Fundamental news as of Sunday 2:29 PM EST, there have been multiple articles released about food shortages and inflation in regards. Also, More worries in regards to covid with the two new variants has the WHO raising concerns.
If we look at price on the weekly time frame, we have closed under creating once again an equal high. If we zoom in closer to the 1HR and 4HR I am recognizing a swing point being formed. Price did buy very impulsively last week. Before a continuation, I would like us to retrace and find equilibrium before breaking an all time high.
now +100 Points in profit Move Sl up or at breakeven
landshark301
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@murtzaabusiness, perfect move pal...
proteautype
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Bang on about the news being released. Should trickle downwards at 5am until London where we will see more movement and finally a drop in the New York session
proteautype
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*5pm
TATRADEZ
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@proteautype, I like getting my entries early and let the rest of the day have its way.