Reply To: Technical Index Trading & Analysis

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#3124
wernluck
Participant

Good day all.
Was tempted to have a long in the black circle.
Price mad its low and then got squashed by the blue line and the buyers in the grey lines.
The plan:wait for a zoom of the blue line and then buy a retest.
The downside,no good stops to hide behind….
As price broke the blue line i drew in the red up sloping PF as a target for price to reach(the median line)
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