In my previous posts, I said so many time same thing insistently that speculative movements were waited. This day we saw a movement that I mentioned. Price tried to break down my green line which is numbered as 1. I added new buy positions because of my speculative expectation. In speculative weeks like this week it is hard to predict time period for price, everything may occur suddenly.
- Day closed price is important and if it will be over my 1 green line i think it means that price will try to touch 1 numbered blue line which is at 1315,50.
- If price successes being over bule line 1, it will want to touch blue line 2 (and also is a strong resistance) which is at 1331.20.
- If price successes to break blue line 2 with a strong it possibly wants to try green line 2 which is at 1343 , xx - 1346, xx .
- I don't open a position if price cant break blue line 1. I wait for breaking of green line 1 (a h4 close)
- I may open a sell position at blue line 2 with SL which aims to arrive blue line 1 or green line 1.
- I see that after the price had touch to green line 1, a strong movements had came in 2 days and it touch blue line 1 least.
Trade active: I added some buy positions and my expectations have occured. As I said my Green line is important and the price closed above it. As I said again in my Notes, after the price had touch to green line 1, a strong movements had came in 2 days and it least touches to blue line 1. So that, today we exactly saw this, u can check this above in my chart.
Trade closed manually: Between 1328-1329 $ i have get my profits, all buy positions are closed :)
Comment: U can see profits in my instagram account /onursoyvolkan