Daily Trend is up above 5745(SAR)
Weekly remain bullish above 5632
Trailing Stop loss for SAR 5726
Bearish Engulfing Pattern @5932
Raising window support 5460,5688
Weekly Indicator is bullish and Daily Indicator has given bearish signal in OB .
Support are 5210-5315-5350-5410-5448-5487-5515-5550-5606-5606-5630-5675-5720-5748-5840
Resistances are 5920-5970-5985-6080-6113-6150- 6187-6230-6284
Low of the Hammer are still protected 5254 and 5118 on weekly basis.
78.6% of the last major fall 5882 need to crossed for trend to turn completely bullish.
Divergence on 9 day RSI Chart
Daily Trend is up above 5745(SAR)
Weekly remain bullish above 5632
Trailing Stop loss for SAR 5726
Bearish Engulfing Pattern @5932
Raising window support 5460,5688
Weekly Indicator is bullish and Daily Indicator has given bearish signal in OB .
Support are 5210-5315-5350-5410-5448-5487-5515-5550-5606-5606-5630-5675-5720-5748-5840
Resistances are 5920-5970-5985-6080-6113-6150- 6187-6230-6284
Low of the Hammer are still protected 5254 and 5118 on weekly basis.
78.6% of the last major fall 5882 need to crossed for trend to turn completely bullish.
Divergence on 9 day RSI Chart
"What does it mean to think in probabilities?
It means to believe at the very core of our identity that:
- anything can happen
- every moment is unique
- there is a random distribution between wins and losses on any given set of variables that define an edge
- Each one of these beliefs will keep your expectations in line with what is possible from the markets
- perspective. To the extent your expectations correspond with what is possible from the markets perspective, you eliminate the potential to define and interpret market information as painful.
~ you can get to the point where you can trade from a "carefree" and "objective" state of mind where you are making yourself available to perceive and act upon whatever the market is offering you in any given "now" moment from its perspective."
