Minor resistance - $1214 (trend line joining $1216.83 and $1213)
Minor support - $1199
The commodity is consolidating between $1190 and $1216 for the past three trading session. It is currently trading around $1209.
Any break above minor resistance $1214 confirms minor bullishness , a jump till $1235/$1249 is possible.
On the lower side any break below $1200 will drag the commodity down till $1190/$1171.
It is good to buy above $1214 with SL around $1200 for the TP of $1235/$1249.
Kommentare
pmcllc
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today feb 18th, 2016 it reached $1240 to close around $1230
GoodLuckbabe
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very nice setup good luck i think price gonna touch your target very very soon
FtseSignals
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Another great analysis, I am in but I was a little early according to my ichimoku :)
Thank you for the fabs analysis
GoodLuckbabe
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you were in on wright time if you are out then may be you gonna miss the move
FtseSignals
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lol - How did you know, chickedn out too early now waiting another pull to see if I can get a good entry
GoodLuckbabe
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nothing works if you don't have patience so it is important to give enough room and time to your trades
FtseSignals
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Well spotted, i am learning "patience" and Trading, I must say FxWirePro & tradingview.com/u/KVE/ KVE have been great help.
Thanks to them 2, for last few days since I started to follow them both I see my account getting back to normal.