Despite a gap down opening the price had tested a support and bounced back into Friday’s range. One doesn’t need to predict or correlate political games for future prices. Technical artifacts like support/resistance, trend lines are more than enough to find profitable entries. Trading is a game of odds. If you trade for a living you need to focus on execution at the locations that have higher odds to work in your direction.
Today’s is half session and yet the market offered short and long opportunities.
Tomorrow when the US traders are back watch the price action around today’s support where the buyers reversed the price. If the support remains intact then no damage to the current structure and the price would be on the way to retest resistance levels.
9/2/2019
Today’s is half session and yet the market offered short and long opportunities.
Tomorrow when the US traders are back watch the price action around today’s support where the buyers reversed the price. If the support remains intact then no damage to the current structure and the price would be on the way to retest resistance levels.
9/2/2019
