Well we will keep it simple for those who like me, love simple but effective things ...
So currently we have a small consolidation period, between a support zone (9200) and the top (9600) strong resistance zone the 9600/10000, suddenly here is how to play it:
for purchases or long
- Wait for the top break with a stop a little below the top of the channel
_ Buy a pull back on the bottom of the channel (around 9200) with a stop slightly below the canal (9149 for example)
To sell or shorts
_ Wait for the canal to break from below, with a stop a little above the bottom of the canal
_ Sell or shorts on the top of the canal (9400/9600)
in case: green rectangle we buy / red rectangle we sell
sorry for my english , i'm french !
like if you appreciate , thanks :)
So currently we have a small consolidation period, between a support zone (9200) and the top (9600) strong resistance zone the 9600/10000, suddenly here is how to play it:
for purchases or long
- Wait for the top break with a stop a little below the top of the channel
_ Buy a pull back on the bottom of the channel (around 9200) with a stop slightly below the canal (9149 for example)
To sell or shorts
_ Wait for the canal to break from below, with a stop a little above the bottom of the canal
_ Sell or shorts on the top of the canal (9400/9600)
in case: green rectangle we buy / red rectangle we sell
sorry for my english , i'm french !
like if you appreciate , thanks :)
