Idea: Bund continuation long based on bullish RSI swing failure on the hourly chart. A strong break long at the recent daily high of 164.164 could see a move up to the next daily top of 165.55.
Cons: The stop has to survive the Monday open. Strong resistance at 164.164 will form a double top.
DISCLAIMER:
This is where I practice ideas and work on my trading techniques. Please note I am only providing my own trading information for insight to my trading techniques, you should do your own due diligence and not take this information as a trade signal. Trade at your own risk.
Cons: The stop has to survive the Monday open. Strong resistance at 164.164 will form a double top.
DISCLAIMER:
This is where I practice ideas and work on my trading techniques. Please note I am only providing my own trading information for insight to my trading techniques, you should do your own due diligence and not take this information as a trade signal. Trade at your own risk.