When the market didnt provide you with an entry level, it means the market is beyond your knowledge.
No one knows there will be an air attack in Iran today, which means the rise/profits from 1520 to 1540 doesnt belong to us, eventhough I've been suggesting to buy it.
So again, we better wait for another signal after the market returned back to it rational way.
To put it simple:
1. 1547 is a stong resistance, a short trade with proper/small lot is acceptable
2. for the time being, a retracement back to 1530 or 1520 will get me interested in puting new buy orders.
Refer to my former analysis linked below, too.
Thanks and may the world peace!
No one knows there will be an air attack in Iran today, which means the rise/profits from 1520 to 1540 doesnt belong to us, eventhough I've been suggesting to buy it.
So again, we better wait for another signal after the market returned back to it rational way.
To put it simple:
1. 1547 is a stong resistance, a short trade with proper/small lot is acceptable
2. for the time being, a retracement back to 1530 or 1520 will get me interested in puting new buy orders.
Refer to my former analysis linked below, too.
Thanks and may the world peace!
