Base on Technical Analysis price has reached a strong resistance level and the price needs to come down. But base on fundamental analysis and the current COT report price might go up from here.
Trading Plan (1)
To catch the bullish move
1. Wait for price to break out the horizontal resistance level
2. Then buy aggressively or buy at a retest
Trading Plan(2)
To catch the bearish move
1. Wait for the price to break out the trendline
2. Then sell aggressively or on a retest.
DISCLAIMER: This analysis can change anytime without notice and it's only for the purpose of assisting traders to make independent investments decisions. Please this is a PREDICTION and I have no reason to acts on it and neither should you
Trading Plan (1)
To catch the bullish move
1. Wait for price to break out the horizontal resistance level
2. Then buy aggressively or buy at a retest
Trading Plan(2)
To catch the bearish move
1. Wait for the price to break out the trendline
2. Then sell aggressively or on a retest.
DISCLAIMER: This analysis can change anytime without notice and it's only for the purpose of assisting traders to make independent investments decisions. Please this is a PREDICTION and I have no reason to acts on it and neither should you