MNO=Midnight Open
MGC is currently holding and respecting the most recent MNO that it printed last night, the 30m and 1H RSIs are in 'Buyer Zone'. Going into Asian session i want to see it keep holding and respecting the MNO with the RSIs in the 'buyer zone', i will be looking for the 5m RSI to potential cool off and enter off a 2up candle or a 30m 2up candle for a safer entry.
I'm targeting MNO above with a stop under the MNO we used as support
MGC is currently holding and respecting the most recent MNO that it printed last night, the 30m and 1H RSIs are in 'Buyer Zone'. Going into Asian session i want to see it keep holding and respecting the MNO with the RSIs in the 'buyer zone', i will be looking for the 5m RSI to potential cool off and enter off a 2up candle or a 30m 2up candle for a safer entry. I'm targeting MNO above with a stop under the MNO we used as support
Note
MGC does look nice for a rally but im not liking how its hanging around the MNO while the 30m RSI has already made it too the seller zone. Ive already secured small profits, my gut feeling doesnt like it that much to leave runners. Im ok missing the move 
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.