Note the downward DPMAs, but remember this indicator lags so it's ok to enter with conflicting indicators. We will want to target our profits before the Monthly Range as shown on the chart. The new month will start next Monday so we will get a good look at the new levels of for the longer timeframe.
*See the Legend below for the Indicator Guide*
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Daily Range-DPR (blue/magenta dots) | Weekly Range-WPR (orange/red dots) | Monthly Range-MPR (green/black dots)
6 Day Rolling Range-RPR (lime/yellow dots)
Daily Moving Averages-DPMA: red=14 day, yellow=30 day, white=50 day
If you did enter early then you have a nice profit and I would move your stop loss up to below the Pivot Stack around .9595
Keep in mind we will see the new MPR on Monday, Oct 1 which will show us the new longer time frame bias. Based on the price action you could see the new MPR below the price which would be a bullish bias and a possible continuation upward.
What I am saying is, you may want to hold your position, depending on market action through Friday...or take profit if you reach near the current MPR low (.9730) and then reevaluate a possible reentry on Monday with the release of the new MPR on the chart:) Hope that makes sense - make a comment if you need help understanding this idea.
This is where it gets a little sticky as our original premise was to reach for a profit target at this level. However, the new Monthly Pivot Range (MPR) will come out on Monday and this could provide for new support on a longer term basis. Hence, the question...do we exit here or hang on until Monday. That is up to you...dear trading friend. But there is an old adage..."a bird in the hand, is worth 2 in the bush".
The Daily Pivot Moving Averages 14 Day/30 Day are crossing over into a bullish signal also.