Boring Sideways Trading Leads to Bounce!

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People get bored of sideways trading! It drops and bounces, buy and sell idea based on harmonics and support. Sell target from 1 to 3 days out.

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ملاحظة

Sell target adjusted down slightly to account for a little too much overselling as shown by RSI. (From 8892 to 8698)

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ملاحظة

As of 2 hours ago we are out of the buy zone. Stops set at bottom of buy zone and following the price up. Trade should be profitable at this point.

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ملاحظة

Approaching sell target about 1/4 of the way through the sell window, still up to 36 hours for this trade to complete.

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أغلقت الصفقة: تم الوصول لوقف الخسارة

Trades stopped out around 8400, 7% profit! Profit target as 9% to 10%.

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ملاحظة

If you stayed in this trade, the wick hit the bottom of the adjusted sell zone 6 hours ago for target profit 1 additional day than predicted.