For shorts: Clear break and few candle closes below 79.609 will push it even lower to target 76.741
For longs: Rejection at 79.609 and 78.932 would signal a good entry for longs. ABCD completes at 85.230
For longs: Rejection at 79.609 and 78.932 would signal a good entry for longs. ABCD completes at 85.230
Comment:
We are at yellow box now. Look for price actions. Longs need hammer/ engulfing candle, shorts need a full red break down of 50% and preferably some candle close below 61.8%
