The move was too fast, and I was busy with gold, i might just leave gold for next week, its a little annoying ... :)
Use RSI for entries.
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Also its fibs day and already very low, the pullback might be little longer
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Its fibs day... If it reverses could be a good reentry. The last one ran into SL
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400 pip SL
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What is a reversal?
1. RSI ahowing convergence in lows of a baerish market and divergence on highs on a bullish market 2. Momentum is pushing back up with a long candle closing above last lower high of baerish trend (here green line) 3. Higher timeframe shows rejection of level or zone, or a pullback candle
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New floor here looks like headache, momentum is consolidating but i ll give it a shot like this
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Hit 1st Exit and went into BE. Lets close the day here with our gold trade having shot to the moon, everyone should be in profit.
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