Many reasons to take a long trade within the next 7 hours.
1. TD daily set up support line at $47500
2. 12 Hourly TD 9 buy set up ( current candle until 7 hours)
3. Weekly 20 Ma support at 47500
4. Fear sell off resulting in futures premium reduction and brief backwardation - mostly a bullish buy signal
Like previous trades only aiming for 5-13% gains
Happy trading
1. TD daily set up support line at $47500
2. 12 Hourly TD 9 buy set up ( current candle until 7 hours)
3. Weekly 20 Ma support at 47500
4. Fear sell off resulting in futures premium reduction and brief backwardation - mostly a bullish buy signal
Like previous trades only aiming for 5-13% gains
Happy trading