Once we get a cross of the 13/50 ema with a retest of the moving average, looking for price to go long to the 1762 range. Perfect retest of the previous support level. I dont publish often but this looks like a solid analysis if it plays out with a good r/r of over 1/10. Happy trading...
Currently been ranging for the last couple of days, but the trend is down. Been waiting on break of structure after fib retracement. expecting drop to this area before correction to the upside.
Trying out the Wcykoff Trading method. Looks like we have had a spring and retest on the hourly. Expecting this trade to give a 15/1 risk to reward. Will set a trailing stop loss on the pullbacks on the way up. Wish me luck
Test of resistance at 57.10, looking breakdown to previous support