Price made an impulse move to the upside recently, forming a high at 1345; and is now forming a flag structure.
Should price continue to retrace correctively towards 1330.24 - 1333.05, we would be looking for a buy setup targeting 1356.88. That's a potential 1 is to 3 risk reward ratio!
Should price continue to retrace correctively towards 1330.24 - 1333.05, we would be looking for a buy setup targeting 1356.88. That's a potential 1 is to 3 risk reward ratio!
Comment:
Update on idea. Looking for short term intraday short setup
Comment:
As long as price remains above 1321, we still see the high possibility for price to bounce higher towards 1352.
A rejection off 1328 would give us a good by setup.
A rejection off 1328 would give us a good by setup.
Comment:
Short term upside?