This is highly probable trade. The question is - is it going to go down from the current price or going to go for another correction before going down?
Not sure - it may go for another small correction but not highly likely.
As long as your Stop Loss is slightly above 110.50, you should be good.
Target 106-106.50, it it goes there, move your SL or take profit.
Thanks
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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.