Based on the current formation, and if we combined with ; it is wiser to wait for Long Setup rather than Shorting it.
As at today there is no LL yet and overall still Buyer in control.
Here is my personal call:
Buy Stop at $21.65
Stop Loss at $21.30
Take Profit at $23.00
Risk Reward Ratio = 3.97R
Potentially, you can buy yourself an iPhone 12 Pro Max 512Gb by end of the year, if you place 1 lot on DBS . Good Luck!
The analysis above for educational purposes only, I do not responsible for your losses. Please adjust your own lot-sizing according to your appetite.
If you are benefiting from my trade opinion, please buy me coffee .
As always, move your SL when you are in the profit zone.