As long as 1795.5 Support holds, A bull towards 1800 with major short term Resistances R1 to R3 may come to play. A close below 1795.5 Support could see a bear towards S1 and S2 Supports. Note: 1795.5 was a major support/resistance on 7/8 July to the initial 1800 bull run and I will use it as a Pivot until market closes for the weekend.
My Intraday trading idea is to enter Bulls if it closes above Resistance thresholds and exit and re-enter on the next Resistance, with stop losses placed on the previous Resistances. Vica versa for Bears. This will minimize potential losses and reduce the risk of the price moving the other direction.
Trade long(or short) and Prosper 🖖
My Intraday trading idea is to enter Bulls if it closes above Resistance thresholds and exit and re-enter on the next Resistance, with stop losses placed on the previous Resistances. Vica versa for Bears. This will minimize potential losses and reduce the risk of the price moving the other direction.
Trade long(or short) and Prosper 🖖