10.2k Target

1 Ağu 2019

Thought we were going to get rejected from 9.9k , got stopped out on my shorts for small loss , Found an Entry at $9870 , 21 EMA is acting as resistance at 10,147 . We need to get above that and break the resistance at 10.2k to target our monthly open at 10.7k and range high's at 10.9k-11.2k. Unable to reclaim the 21 EMA or break the resistance at 10.2k will likely result in new lows and downside targets will be 8.5-8.8k. If we break 10.2k we either get rejected from 10.7k or 11.2k. i think we go down from here. Oscillators - MACD bullish on LTF's and RSI bullish on LTF's. Need to see bullishness in one of these indicators on Daily TF for me to believe that we can break 10.2k.

1 Ağu 2019

İşlem elle kapatılmış

Closed Longs at 10,050 for a 8% ROE