The price has hit the daily support. A bounce should be expected here and the probability favors a long here.
Trade closed: target reached
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The price indeed got a bounce and hit the target resistance as mentioned in the post. It got rejected from that target resistance and fell back to the daily support again. I would have longed that support again but did not notice it. The price again bounced there and reached to the resistance. If you like the content and find value in the posted analysis, please give a like and if you want to get notified about any new idea posted, please follow this account. I also share ideas on twitter, so if you want to tune to that, please check my twitter account: twitter.com/angela_altair