Welcome to a new week traders,
I would expect some consolidation up here today and then a continuation. Hard to tell when that continuation will come, but I would look at the level of 4408 underneath as the place where I wouldn't want to be looking for longs anymore. Think of that level as the give up point (for me).
I am staying long here to try and be long from the lower end of the consolidation.
Own your trading plan and trade it. Let's get it.
I would expect some consolidation up here today and then a continuation. Hard to tell when that continuation will come, but I would look at the level of 4408 underneath as the place where I wouldn't want to be looking for longs anymore. Think of that level as the give up point (for me).
I am staying long here to try and be long from the lower end of the consolidation.
Own your trading plan and trade it. Let's get it.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.