We are coming into a time period were I'm looking for a change in trend.
At 11:15 there is a set up for a potential 5.5hr trend. I was looking for 78.6% level @ 24.46. It has exceeded it for now, If it reverses on the expected time then it could be a great low risk trade with a potential.
The idea is to trade it down to 16:45 and close the trade. It could be lower or higher than the 23.50 level.
Once again purely time based.
If it rallies through the high and keeps going past 12pm then trade will be invalid.
I hope this helps and enjoy the day.
At 11:15 there is a set up for a potential 5.5hr trend. I was looking for 78.6% level @ 24.46. It has exceeded it for now, If it reverses on the expected time then it could be a great low risk trade with a potential.
The idea is to trade it down to 16:45 and close the trade. It could be lower or higher than the 23.50 level.
Once again purely time based.
If it rallies through the high and keeps going past 12pm then trade will be invalid.
I hope this helps and enjoy the day.
t.me/OCEANAISIGNALS
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Check out the free Telegram group for Trade set ups and Market Updates. Also one on one coaching now available. Message me for more info and a free 30min consult to see if my strategies work for you.