Swing long trade looses after small gains, a marginal loss of 3.50 points has been suffered. Now, the trend position is on the knife's edge. Value zone is struggling to move up, which is now at 5305-5331. A close below 5305 will give exit signal for the trend long position.
As the trend is still bullish, the long entry at 3.00 pm is above 5348.50. This is the system signal, while trigger of this long entry may not happen today.
Bullish trend on the hourly is coming to an end with lots of struggle; this is a sign that the coming moves may not be as good. Let's follow our rules and we know in proof that discipline pays.
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