Price completed the at around 37.80 and price immediately reacted to that level. Now I am hoping for a retest of the level for an approximately 1:2 risk reward trade.
Still maintain target at $40.50
Will look to tighten stop loss to just below yesterday's low of $38.27
(probably to $38.18)
Slow trade but feeling quite relaxed on this as it is already a risk free trade.
Merry Christmas to all
From the looks of the chart, this could actually go higher. However, I am out of the trade with $2.70 profit
I just saw that 40.50 (point B) looks like quite a significant support/resistance.