We would like to see a break of structure whether upwards or downwards in order to take a trade. The chanel we are stuck in suggest we should expect a break upwards but with refinement and zooming in to see candlestick formations we are seeing a possibility for the downtrend.
Either way we wait for break and retest then entry before a definitive forecast is made.
182.00 is our basis for support and 184.00 is our basis of rejection.
Either way we wait for break and retest then entry before a definitive forecast is made.
182.00 is our basis for support and 184.00 is our basis of rejection.
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