Even though the week is not over, I am showing the weekly chart. It is easier to see the relevance of 105.00 area.
The daily view seems to indicate indecision in the market.
Taking a small position long with a tight stop targeting 106.00 makes sense to me.
If price turns around like I expect, a review at 106.00 will be necessary.
If you like my analysis, please give it a "thumbs up" and follow me to get immediate notifications.
As always, please use sound money and risk management in all your trades.
The daily view seems to indicate indecision in the market.
Taking a small position long with a tight stop targeting 106.00 makes sense to me.
If price turns around like I expect, a review at 106.00 will be necessary.
If you like my analysis, please give it a "thumbs up" and follow me to get immediate notifications.
As always, please use sound money and risk management in all your trades.