BIG PICTURE
TRADING DAY
- THOUGH OVERALL TREND IS UP, PRICES HAVE BEEN RANGING SINCE LAST 20 DAYS.
- PREVIOUS DAY DAILY CANDLE IS IN DECLINE MODE. BRN 8100 IS ACTING AS SUPPORT.
TRADING DAY
- 09:20 - PRICE OPENED BELOW PDC,PDH AND FORMED 40 POINT MC AND HAVE CLOSED ABOVE RN 8150 WHICH HAS BEEN ACTING AS RESISTANCE FOR SEVERAL DAYS. TO GO LONG ABOVE BPB. IF PRICES ARE REJECTED, THEN TO WAIT UNTIL PDH, PDC ARE TAKEN OUT BEFORE GOING SHORT.
- 10:19 - ASCENDING TRIANGLE PATTERN HAS FORMED. TO GO LONG ABOVE CPB HIGH.
- 11:09 - PRICES WERE STRONGLY RESISTED AT RN. WAITING UNTIL PDH, PDC IS TAKEN OUT TO GO SHORT.
- 11:42 - PRICES IN 15 POINT RANGE FOR 2 HOURS NOW.
- 12:15 - PRICES HAVE PIERCED RN 8150. TO GO LONG ABOVE BPB AT RANGE HIGH.
- 12:23 - TRADE FILLED.E-8151. ISL-8134.
- 12:40 - MOVING SL TO 8147.
- 13:07 - MOVING SL TO 8154.
- 13:28 - TRADE NOT MOVING IN FAVOUR. TO SCRATCH WITHIN 5-10 MINUTES.
- 13:40 - MOVING SL TO 8159.
- 13:48 - TRADE CLOSED.
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