THELOGICALINDIAN - First off lets say that todays affair did not go to plan In this mornings commodity we accent what we were attractive at as far as key levels was anxious and appropriate how would get into the markets according to these levels We put in appellation abutment at 28155 and in appellation attrition at 28586 At time of advertisement both these levels represented the circadian low and circadian highs appropriately We were trading about mid ambit back we said that we would attending for a breach aloft or beneath is a akin to put us continued or abbreviate appropriately and we did get a breach to the downside but it did not assignment out as we hoped With this said what of levels that we are watching during tonights Asian affair and area will we be attractive to barter on a blemish Take a quick attending at the chart
As you see, our key levels we are absolutely the aforementioned as this morning. In appellation abutment sits at 281.55 and attrition at 285.86. If we get a absolute breach aloft or beneath its akin (a breach aloft 285.86) it would put us into a barter in the administration of the break. However, as we arch into this black session, it may be account acclamation a addition ambit action instead. Based on this, if we hit 281.55 and bounce, we will attending to access continued appear 285.86, with a stop accident about about 280 collapsed advancement a absolute accident accolade contour on the trade. Looking the added way, if we had 285.86, we will attending to access abbreviate aback bottomward appear in appellation abutment at 281.55. Once again, a stop accident is acceptable on this one – about about 287.5 should accumulate things adorable from a accident administration perspective.
Charts address of Trading View
