I will probably go long, but first await break of resistance
Looks like the price play in a nice zone, i just might be a buyer if we break the first resistance
With the news in US, i will guess its the bears time, but ill wait to see it break the first support before going short
Right now a seller, if we get over the last long wick, im a buyer *Look out for bounce back from blue line*
Tight SL, do we get over last major resistance(Red line) im a buyer, otherwise looks like we confirmed a short.
Looks like its confirmed last resistance and going back down to support - look out for news
2 scenarios 1. if the price break the green line in the middle i will place a trade with tp around 113.337 2. If we break the trend line im looking for short with tp around major support at 112.020
If we break over the blue dotted line look for upside to the green line, If we close under the last long positive bar, look for further down to the red dotted line
Tight sl, move sl to breakeven when possible and hold your fingers away