Good evening all.
This is my idea for March 10 overnight cycle going into Monday morning. I believe with the current pattern forming locally i'll be looking to play to the long side. The W pattern has been tested, but i believe with the local downtrend we can expect enough sellers to give a better entry going into tomorrows cycle. My overall theory will be to take profits at the two marked zones ,but with the amount of selling pressure last week i will not be greedy with profits on this long so i will trail my stop at local swing low patterns we form going up to secure the gains.
Good luck .
Cheers.
This is my idea for March 10 overnight cycle going into Monday morning. I believe with the current pattern forming locally i'll be looking to play to the long side. The W pattern has been tested, but i believe with the local downtrend we can expect enough sellers to give a better entry going into tomorrows cycle. My overall theory will be to take profits at the two marked zones ,but with the amount of selling pressure last week i will not be greedy with profits on this long so i will trail my stop at local swing low patterns we form going up to secure the gains.
Good luck .
Cheers.
订单已取消:
Good morning traders.
My trade plan was scratched. We didn't have enough sale pressure to retest down again. Currently price has reached our profit targets so i'll be watching for possible pullback entry to get in on.
My trade plan was scratched. We didn't have enough sale pressure to retest down again. Currently price has reached our profit targets so i'll be watching for possible pullback entry to get in on.