We are experiencing multiple agreements with the indicators showing a very overbought bias.
I would look to get in on a break of a new structural low or perhaps a pullback and sweep of a high before rejection to the downside.
If you have a good eye for entries you can catch this potential quick move if my calculations are correct.
In addition, looking at market structure we can tell something is going to happen just watch your support and resistance areas and you can profit.
I would look to get in on a break of a new structural low or perhaps a pullback and sweep of a high before rejection to the downside.
If you have a good eye for entries you can catch this potential quick move if my calculations are correct.
In addition, looking at market structure we can tell something is going to happen just watch your support and resistance areas and you can profit.
Commento:
Trade currently playing out. Entry taken at rejection of 200 Period Moving Average and break below previous low @ 1870.312 stop loss above previous candle. At this time partial profits are secured @ 1866.00. Letting the rest run with stops at break even.