Hope you had benefited from the long trap alert from last week for a fruitful short opportunity. Temporary support at the 11772 - 11917 zone.
Possible scenarios: 1) Short if 12234-12080 is resisted 1 extension) Longer term Short Target = 11068-10360 2) Temporary Long on support of 11772 // 11916
Weekly = Higher vol (ave) wide spread down bar close off low = Demand coming in Daily = Ave vol down bar close toward high = minor strength H3: H3 tells a clearer story - temporary support observed
Price reaction levels: Short on Test and Reject | Long on Test and Accept
13587 13200 12735 12234 12080 11772 - 11917 11348
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MERCI!!!