7/Nov/2023 $244.00usd profit started trading 8.15 ended 9.57est another easy trading day
Overnight was slow in a range with momentum going up/down. The previous low had divergence in momentum and divergence in volume and after that price went up testing previous day high. AS we are at the top of a range i will wait to see the price action at relevant price levels.
Price made a pullback and tested for 3rd time the resistance level and in a small retrace i enabled the up grid direction as looks the price will be trading in range and more aligned to go up slowly. Big risk for taking the decision at resistance level without a break.
Collect some profit in the up swing then price went down with a clear momentum flow and i just let the grid to do its job. After collect some profit and as i must go out of my desk i stopped trading for today.
All have a great day!
AG
Overnight was slow in a range with momentum going up/down. The previous low had divergence in momentum and divergence in volume and after that price went up testing previous day high. AS we are at the top of a range i will wait to see the price action at relevant price levels.
 |
Price made a pullback and tested for 3rd time the resistance level and in a small retrace i enabled the up grid direction as looks the price will be trading in range and more aligned to go up slowly. Big risk for taking the decision at resistance level without a break.
|
Collect some profit in the up swing then price went down with a clear momentum flow and i just let the grid to do its job. After collect some profit and as i must go out of my desk i stopped trading for today.
|
All have a great day!
AG
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