Strong support is based on 2 previous bottoms from current sideways trend as well as strong resistance is based on 2 previous tops on current sideways trend. T/P for either Long or short positions determined by previous trend.
Disclaimer on.
Disclaimer on.
Comment:
Price hit my buy limit order at 118.108. Not ideal to go in as next candle did not close above breakout point which is 118.17, but we will sit and wait.
Comment:
Sorry, I did double check and the candle did close above breakout point and the current candle opened above the breakout point. Sit and wait for profit it is. Happy trading.