Intraday traders could use these levels as profit targets for multiple entries.
Comment:
If 48.05 is taken out, 48.43 may provide another level of strong "resistance" for a quick correction of 45-90 ticks.
Determine your "RISK" comfort level, decide which level you wish to trade from and trade accordingly.
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Determine your "RISK" comfort level, decide which level you wish to trade from and trade accordingly.