Update: Price retraced again to test 1280.00 level, had a new opportunity to long
1)Multiple crossover above and below the moving averages indicates a bias-less market, sideways bias is favored for me, 2)Testing a major horizontal support area, 3)being rejected strongly 4)potential bullish divergence on Momentum
I will long anywhere near 1280 targeting 1300 and 1330, with a stop just below today's intraday low
Good Luck, join me at : twitter.com/thefxchannel thefxchannel.com -------------------------------------------------------
Trading Criteria: 1. Trades are taken in two units 2. First unit would be closed at first target 3. Stop loss is then moved to break-even 4. Second unit would be closed at second target 5. Note that If 90 percent of first target is reached without triggering entry, trade is cancelled 6. Remember: Losing is a main part of the game ;)
Comments
justimun
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Hello Technician, i'm new here. looking forward to learn from the expert.
Cheers... :)
Technician
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Welcome justimun, i believe you will find plenty of useful content at tradingview. Do not hesitate to ask if you have any concern.
timwest
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I completely agree and I was looking to make the same chart. Excellent!
Technician
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thx
JacksenKurian
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Thank for the Great Information. I'm new to TradeView. Looking forward to learning..
Technician
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ur welcome
vlad.adrian
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patience brother!!
Technician
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:)
Technician
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Update: Price retraced again to test 1280.00 level, had a new opportunity to long
Cheers... :)