Hi Daniel86I note the gap formed as of friday at 93c - so that...

Hi Daniel86
I note the gap formed as of friday at 93c - so that would be an area of interest to me.
Please note Gaps do not always have to be filled, OZL left a gap at 63.5 on the 24/5/09 that has not been filled yet.
So my plan will be to wait for a day or two and see if the price drifts back to 93c and then re enter if it does.
The ideal set up would be a quick test of 93c and then a bounce up. But this of course may be wishful thinking and well might not happen.
As Specialist rightly pointed out confirmation is needed for candle analysis to be complete, so a day down monday is needed first to give that confirmation.
I do not want to be out of OZL for long as I am still bullish, so any entry lower than my exit price (103.5) will be attractive to me.
Hope that helps.
Cheers

Commy