Bounced off previous session low of 108.43 Looking to retest now. If it breaks through I am looking at the daily S1 pivot of 108.30 as the next support.
but do you really think it will stay true to the channel and fill the gap to 109.25? On Friday it couldn't even break 108.80
Ignored
Well always keep in mind he could be right, but you are responsible for your actions in the end, his thoughts are rational, but so are yours...what decision are U going to make?
Good point, you should never place a trade just because someone says a channel may be followed. Wait for signals and usze your own judgement. Remember, these thing break out all the time and can at any time.
Well always keep in mind he could be right, but you are responsible for your actions in the end, his thoughts are rational, but so are yours...what decision are U going to make?
Ignored
It is interesting...Sunday's price actions are never to be trusted tho, IMO
Good point, you should never place a trade just because someone says a channel may be followed. Wait for signals and usze your own judgement. Remember, these thing break out all the time and can at any time.
quick down?
