I like this chart, also looking on the daily timeframe you can see a possibility for a bottom to form in this area.
Its a nice technical setup but i can't really give it much on the fundamental side, so its wise to keep stops tight and don't buy too early.
So if it fails the loss will be manageable and one does not get a psychological punch in the face.
In any case if it turns higher, one should move stops to breakeven and let it do its thing.
Blessings to you all and thanks for following.
Its a nice technical setup but i can't really give it much on the fundamental side, so its wise to keep stops tight and don't buy too early.
So if it fails the loss will be manageable and one does not get a psychological punch in the face.
In any case if it turns higher, one should move stops to breakeven and let it do its thing.
Blessings to you all and thanks for following.
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Forgot to mention i am looking to enter around 2640/20 stop will be placed below 2600 and target at least 2750+
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Waiting for the break to enter
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Daily view:
