Market has broken through resistance from consolidation and seems to be heading up. I'll be looking for price to head towards the 111.000 level and then a pullback to our most recent level of structure which also happens to be the 61.8% IF we do see a move to 111.000. I'll be looking to enter on the pullback with RSI reading oversold and take profit at the retest of the highs.
Comment:
I will be entering on the hourly timeframe.