Gives confidence to short in this area as we're into yesterday's supply again.
Will wait for the RN to break before shorting.
Gives confidence to short in this area as we're into yesterday's supply again.
Watch what happens @ the 138.2 extension of this move...
Will wait for the RN to break before shorting.
GU - currently short from 5986.5...GBP news @10:30 to bear in mind.
GU - key supply levels to bear in mind post 10:30 news.
GU - waiting for a decent long entry now, ideally want to see some conviction above the daily pivot >39 and in after a test...
Looking to long from 67ish, will use market rather than buy stop. Will track buy entry down though as price is likely to retrace further before next leg, just need to be flexible and go with what's offered.
...nice tap of the pivot and looking for a long around 58/9 now.
58.7 filled and 138.2 ext tgt @98 which would be nice, on the way up to that key supply zone around 6150.....i can dream
Stops to b/e now and 50% TP order in at 97.
good trade CC
JUST WONDERING ABOUT YOUR FIBS
are you not aiming for the 61.8 of the previous move as a target?
awesome as always, Dr. Chow
i know you are on the 5min charts but i am sure the targets are the same as my 30 min
View attachment 95502
this is what i ment by the fib levels not sure what way you are drawing yours but anyway target met well done
:clap:
I still have my long position from yesterday at 1.616, went -150 pips, starting to recover now and hoping to BE by the end of today .
58.7 filled and 138.2 ext tgt @98 which would be nice, on the way up to that key supply zone around 6150.....i can dream