Remember to breakeven stops when given the oppurtunity to do so. If the market doesn't give the strong push looking for then no point being in the trade
could you explain is it showing the downturn from where it is now
gok128
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@cuteGuest22710, Sure, well I'm anticipating a sell off from these levels once again. As of now it's a matter of just identifiying entry points and using break evens to minimise risk incase the push I'm looking for doesn't arrive. The weeky from last week closed with a rejection of this region and slightly below the weekly candle form a few weeks ago that closed around this region. For me this is a potential sign of weakness so If I can grab an entry with tight stop then the rewards are pretty big if a push does come. With these I would like to see the daily snap back below 26300.
Guest22710
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@gok128, thanks alot for the detailed chart. do you this its a good point now to sell off. also just want to check if you provide any trading basic analysis to anyone. if so let me know.