Short term bullish play (taking advantage of daily retracement)
Support zone validated from the rejections in the past. And breaches of opposing force. There are visible rejections from the recent points and dating back to 7/4/17. The trade has a high probability of working out because of the breach, that engulfed the opposing force. the trade has on obstruction if the price does decide to rally up from the predicted level until 82.20.
Still giving the trade a Risk/Reward of 1:3 (standard profit rate)
Still giving the trade a Risk/Reward of 1:3 (standard profit rate)
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