BELOW YOU CAN SEE THE 15 MIN 3C CHART SHOWS NO CONFIRMATION OF THE BREAKOUT MOVE, WHICH SUGGESTS THIS IS ONE OF MANY FALSE BREAKOUTS.
As for entries, more aggressive traders may want to enter here/today, if you are more conservative, then a break below $106.03 would be more appropriate. My stop would be at $107.71
Is interest rates about to start going up?
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Yes, I know - it does not make any sense - FED is about to cut
rates...but....real world interest rates are not always what FED wants it
to be.
5 years ago
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