DislikedLET'S WATCH DAILY CHART...
sma4 it is at 142.90 and looks like could breaks from up to down sma9 ( for this happen it is necessary today's close to be under 142.90 )
if we take this case, the fractal it is at 134.60 area and the SAR dot at 144.90
so IF TODAY'S CLOSE WILL BE UNDER 142.90, WILL HAVE AN UNCONFIRMED OPENED POSITION @142.90 WITH SL 144.90 AND TP 134.60
TO CONFIRM, SMA4 NEEDS TO GO UNDER SMA18 ( NOW AT 140.30 AREA )
ALSO, IT CAN BE SEEN A BEARISH DIVERGENCE ON DAILY CHART
[b]IN THIS CASE, IF TODAY'S CLOSE UNDER 142.90,...Ignored
monthly: CONFIRMED TREND @149.20 WITH SL 162 AND TP 120
weekly: UNCONFIRMED CALL @138.90 WITH SL 132.50 AND TP 151 ( confirmation will be when sma4 ( now at 140 ) go over sma18 ( now at 143 )
daily: if today close under 142.90, UNCONFIRMED CALL @142.90 SL 144.90 TP 134.60 ( confirmation if sma4 ( now at 142.90 ) go under sma18 ( now at 140.30 )
so let's watch today's close for unconfirmed daily call
let's watch next week's first 3 days for confirmation of the daily call
let's watch next 1-2 weeks for confirmation of the weekly still unconfirmed call
pip it!!
LOL