Yesterday's Channels:
Today's Update:
Thus not only are we testing the first channels low, but also today's price action has formed a Wolfe-wave that would get activated above 6125
So best trade for tomorrow morning seems to be creating longs above 6125 for taget of 6185+ with Stop-loss at 6103.
However,if we open with a gap-down then chances of this Wolfe getting activated would become minimal and 6070-6040 should be targetted
Today's Update:
Thus not only are we testing the first channels low, but also today's price action has formed a Wolfe-wave that would get activated above 6125
So best trade for tomorrow morning seems to be creating longs above 6125 for taget of 6185+ with Stop-loss at 6103.
However,if we open with a gap-down then chances of this Wolfe getting activated would become minimal and 6070-6040 should be targetted
No comments:
Post a Comment