First breakout will determine the direction of the market... we have our bias already.
Watch the opening and wait for breakout.
Scenario:
If the market break to the down side, and closes below the Support line, we can sell or wait for an entry setup to sell until the next important level at the bottom marked in red.
If the price moves up and break to the upside, then it s buy till the red marked line at the top.
Weekly analysis.
Watch the opening and wait for breakout.
Scenario:
If the market break to the down side, and closes below the Support line, we can sell or wait for an entry setup to sell until the next important level at the bottom marked in red.
If the price moves up and break to the upside, then it s buy till the red marked line at the top.
Weekly analysis.