Here is a potential short opportunity with only 14 points SL and with 443 points profit.
Watch for the daily high tomorrow or Thursday.
Watch for the daily high tomorrow or Thursday.
Comment:
As a precaution, here is an alternative that comes into question if 136,596 is exceeded.
In that case, the 3 daily candles (marked with the lower blue ellipse) could repeat again above.
When that happens, the blue (B) would end up between 137.18 and 137.327, after which the blue (C) could sink much lower.
Such a move would be ideal as it is Friday July 1st and I saw that July should make a higher high anyway.
If this concept fits, then set SL 10 points above Friday's high.
In that case, the 3 daily candles (marked with the lower blue ellipse) could repeat again above.
When that happens, the blue (B) would end up between 137.18 and 137.327, after which the blue (C) could sink much lower.
Such a move would be ideal as it is Friday July 1st and I saw that July should make a higher high anyway.
If this concept fits, then set SL 10 points above Friday's high.
Here is another chart from February 2018, where I foresaw strong upward movement.