It might be good idea take LONG here if demand zone holds.
Possible targets are Price pivots (PP1, PP2) around 2786 and 2829.
PP2 is also confluent with major supply zone.
Interesting area for target is also 2800 where market tested this level twice. If we breach this area with heavy volume we will possibly go for PP2.
However this is counter trend trade so we should be cautious.
Possible targets are Price pivots (PP1, PP2) around 2786 and 2829.
PP2 is also confluent with major supply zone.
Interesting area for target is also 2800 where market tested this level twice. If we breach this area with heavy volume we will possibly go for PP2.
However this is counter trend trade so we should be cautious.
Trade active:
Working pretty well.
Comment:
Good idea would be to take some profits.
Trade closed: target reached:
Nice trade, thank you for playing.