My original idea worked out well.. and i am surprised myself as a young trader.
Currently as it stands the 60 seems to be pivotal. So there's a few points to take in.
Friday's Dump was so strong, it is a reminder how things can turn quickly even though my initial thought was up, it can go sideways badly very fast.
Questions to think about
1) Is it going to break 60
2) is the break going to be a false break and down.
3) is it just going to stay in channel and drop to even lower (56.5)???
As of now, I am not sure. If i am going to take any trades it will be will RSI and 20-30cent profits.
Currently i have no idea where this will go.
Currently as it stands the 60 seems to be pivotal. So there's a few points to take in.
Friday's Dump was so strong, it is a reminder how things can turn quickly even though my initial thought was up, it can go sideways badly very fast.
Questions to think about
1) Is it going to break 60
2) is the break going to be a false break and down.
3) is it just going to stay in channel and drop to even lower (56.5)???
As of now, I am not sure. If i am going to take any trades it will be will RSI and 20-30cent profits.
Currently i have no idea where this will go.
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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.