Four hour chart shows recent price has moved out of the descending trend line and shown ascending momentum. In general the strategy is to take long position at a supportive level.
1. Wait until the price retreats to 112.060 then take position. Take profit at 112.840. Stop loss at 111.680
2. Aggressive traders may take short position at market price to 112.060. Stop loss at 112.940
1. Wait until the price retreats to 112.060 then take position. Take profit at 112.840. Stop loss at 111.680
2. Aggressive traders may take short position at market price to 112.060. Stop loss at 112.940