This is a classic range trade
- Strong support area (108).
- Stop below 107
- Take profit around 110 (and/or around 112 for a longer term trade)
- You can enter now if you are targeting 112 and you don't want to miss the trade
- Otherwise enter at 108.5 or lower
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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.
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.