Short for now
Updated
The last few days movements suggests this if no political news and turbulence happen in weekend:
early Monday it can rise to around 1938 maybe with wicks to 1943, then it falls off for the remaining of the week unto rectangle around 1882~1865 regarding the duration of trend and where it touches the line. lower wicks might also happen.
if it holds there around 1880 we buy for top of the channel and also breaking out of channel to higher levels. if not lets see where it holds , we got 1850 level for it but at that point we wait to see the direction before buy/sell.
around 1890 should start trailing stop loss as if it gets supported there.
early Monday it can rise to around 1938 maybe with wicks to 1943, then it falls off for the remaining of the week unto rectangle around 1882~1865 regarding the duration of trend and where it touches the line. lower wicks might also happen.
if it holds there around 1880 we buy for top of the channel and also breaking out of channel to higher levels. if not lets see where it holds , we got 1850 level for it but at that point we wait to see the direction before buy/sell.
around 1890 should start trailing stop loss as if it gets supported there.
Note
i would move my failure level to 1962 and sell orders to 1953-1958 also i still keep a small sell around 1937~1943 with tight stoploss just in case
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