rough weeks, lots of bad news and turbulences, deadly shadows
i actually didn't expect the price to go easily past 1920 , but Mr. president of Russia made it possible. :(
anyways chart is exhibited in 3H interval but actually the analysis is based on long term and considering 1Month, 1W and daily time-frames. and if we watch the chart in daily time-frame, we see there's no daily breakout above 1907-1908 and just massive wicks.
we sell here (1907-1913) if it gives us opportunity . if didn't rise and just fell down we should pick another entry point
*cant set a stop-loss level since the shadows would act surprisingly but for me its 2 candle close above 1922 (as failure point of whole analysis).
*tp would be 1830~1850
last but not least, trade with extreme caution these days. sometimes no acting is the best acting. your capital can turn to smoke in one bad trade aligned with a bad speech of a character ;)
anyways chart is exhibited in 3H interval but actually the analysis is based on long term and considering 1Month, 1W and daily time-frames. and if we watch the chart in daily time-frame, we see there's no daily breakout above 1907-1908 and just massive wicks.
we sell here (1907-1913) if it gives us opportunity . if didn't rise and just fell down we should pick another entry point
*cant set a stop-loss level since the shadows would act surprisingly but for me its 2 candle close above 1922 (as failure point of whole analysis).
*tp would be 1830~1850
last but not least, trade with extreme caution these days. sometimes no acting is the best acting. your capital can turn to smoke in one bad trade aligned with a bad speech of a character ;)
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