No probs . I can add further comment at a later stage. Just quickly Also depends if you are trading it intra day or more as a positional trade where a two day hold nearly 17 % profit depending on your target.
On the 1/2 the bounce was likely as support was @ 83. Buyers would have been stacked slightly higher to get in before it bounced which it did.
Without complicating matters always look @ support & resistance. Levels are very important elements.
A failure @ 83 would have seen next stop @ roughly 75.Beyond that 67 at a quick glance.
You know my position on indicators already, false signals can be easily generated, indicators in isolation do more harm than good as well as too many. I also look at price action amongst other things.
More to be said, busy looking at other markets, It was merely an observation not a criticism.
Cheers Johno.
cheers.
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No probs . I can add further comment at a later stage. Just...
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