Let´s try a counter trend trade with adjusted stop below 1135 on a daily close. Some arguments support this decision :
1. Three higher lows , so there´s a demand zone around 1150
2. Bullish engulfing pattern
3. Dovish FED statement
Open target while it keeps the mentioned levels
1. Three higher lows , so there´s a demand zone around 1150
2. Bullish engulfing pattern
3. Dovish FED statement
Open target while it keeps the mentioned levels
Josep Pocalles
Top Technical Analysis Voice
www.linkedin.com/in/josep-pocalles/
realisto.net
One-to-One Trading Coach & Mentor
Top Technical Analysis Voice
www.linkedin.com/in/josep-pocalles/
realisto.net
One-to-One Trading Coach & Mentor