1321.31 has major resistance level . & there is a lot of room until 1303 if it fall from there for 173 pip. i would like to see price close above 1321.31 if it breaks and closes above that 1321.31 i will take a buy and target 1338.98 because there is major resistance at that level and & 170 pips of space. i will be waiting for the close of the daily candle stick. However the way the daily opened so close to the low its possible that it could be a fake out. and push back around 1300 areas ( one daily closes bearish as an upside down hammer then I will take it for a sell back down
TO 1300.
You can either aim for 1321.00 and risk 49 pips set your stop loss to break even.
or you can go for the sell for 117 pips. ( set stop loss break even)
Trading requires risk do not risk any money you can't afford to lose.
This is not investment advice!!!!
TO 1300.
You can either aim for 1321.00 and risk 49 pips set your stop loss to break even.
or you can go for the sell for 117 pips. ( set stop loss break even)
Trading requires risk do not risk any money you can't afford to lose.
This is not investment advice!!!!
MRXAU