Long trade idea
Updated
Long trade I am looking to take. The 10350 pivot is potential support but will give it plenty of room to wiggle. 10900 is a crucial area of resistance which will most likely get defended by sellers again and should have liquidity above to lift price higher. Those that sold that test and are still holding will be trapped and forced to close. That squeeze should easily get stretched to the 2nd TP of 11500.
Bullish bias now that the daily has closed back above 9840.
Bullish bias now that the daily has closed back above 9840.
Note
Tp1 filled, stop now goes to entry. will watch for the break above this resistance to determine if profits at TP2 is necessary or try to push it and take profits at a higher location. tradingview.com/chart/iLQntyrb/
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