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It lure me to jump for buy....just a bottom fishing idea, but i am very little selective today.
There are sign of response clearly...i will think to buy on the right side of bottom rather on left side , once 5594-95 cleared.
Harvest The Moon Nest The Market
Can you help answer these questions from other members on NexusFi?
Its placed beyond a supply zone. Will be looking for Long with favorable situation. Stop is a bit larger from intraday perspective but as a positional trade i am looking for least target of 5700+ , so stop size is appropriate for me from that view.
Its simplicity confused me and i could not do anything.
Yday StopOut had little disappointed me. Today i was not thinking neutral , was trying to catch it first rather than getting in late. Yday buying tail and today's opening slipping below support were two contradictory point for me to decide. Some moment i thought to take intraday call....then next moment i tilted for positional short. I still see on weekly chart having some room for upside till trendline...but that may or may not happen. I was totally confused.
Have been thrown out of positional short yday. I am still observing for preferred action , numerous bounce from 5800 level could be used for intra - Long trade but i decided to stay away from that.
Last two days have been fairly balanced and neutral extreme type.