Trading plans for intraday trading for today
Don't forget that today is Friday. Ideally betterrefrain from trading on goods.
120-minute chart in flat, rejects highsprices, there is a possibility of going to low prices. We are looking for shorts based on the trend on smaller timeframes. Exiting the balance upward and consolidating above opens the way for longs with targets at $1,595.
The downtrend on the senior TF continues,The 15-minute chart goes flat, but the structure is unclear. It is better to refrain from trading today and wait for a clearer situation. As a last resort, we take shorts from the upper limit of the current balance, but today it is unlikely that we will have time to start and make a profit, so we rest.
A balance is formed within the downtrend. Priority to shorts, but conservative only after returning to the Value Area, because our growth is impulsive. Longs when consolidating above the flat or returning to the upper balance (over $ 8593).
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All the most interesting: → on YouTube streams:www.cofutrading.com/subsyoutube → on Instagram: https://www.instagram.com/cofu.trading/ → on Telegram https://t.me/cofutrading All the most interesting: → on streams on YouTube: www.cofutrading. com/subsyoutube → on Instagram: https://www.instagram.com/cofu.trading/ → on Telegram https://t.me/cofutrading Detected language: Russian