This commodity is undecided on whether is in an overall uptrend or downtrend. However the sentiment just now appears to be bullish as the last 4hr candle (@10am) has shown retracement. I've entered a long trade with initial TakeProfit @ 55.86 then at 58.17 if the untend continues
Trade chiuso: obiettivo raggiunto:
So initial target at 55.86 has been blasted. With such bullish momentum am confidant that price will reach 58.17 and even go beyond. However as a disciplined trader my final target is @ 58.17 so therefore i will exit this trade at that price. For now its a wait & see if target is reached. I've moved Stop loss to 1st profit target 55.86, which is a 82pip profit just incase trade reverses overnight when am asleep...Goodnight