BNF Intraday view for 16-07-2021
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Good evening all,
Finally..... Fort 35800 was breached and we climbed almost up to 36000 (15 points shy of the summit).
Tomorrow is a different day, and tricky at that. The noise on my chart suggests so. If the market carries its 'long' sentiment from the past 5 sessions then;
Long side view:
Buy above 36070
Target 1 zone - 36180 to 36200
Target 2 - 36400
Target 3 - 36500
However, if it goes south then;
Short side view:
Sell below 35800
Target 1 zone - 35650 to 35600
Target 2 - 35430
On either side, 100 point stop loss is a good idea, providing you a RR of at least 1:1
*** This is a view and not necessarily a trade recommendation ***
However, If you like my idea..., do spread the word.
Finally..... Fort 35800 was breached and we climbed almost up to 36000 (15 points shy of the summit).
Tomorrow is a different day, and tricky at that. The noise on my chart suggests so. If the market carries its 'long' sentiment from the past 5 sessions then;
Long side view:
Buy above 36070
Target 1 zone - 36180 to 36200
Target 2 - 36400
Target 3 - 36500
However, if it goes south then;
Short side view:
Sell below 35800
Target 1 zone - 35650 to 35600
Target 2 - 35430
On either side, 100 point stop loss is a good idea, providing you a RR of at least 1:1
*** This is a view and not necessarily a trade recommendation ***
However, If you like my idea..., do spread the word.
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