With impending geopolitical issue between US & North Korea, this will go higher until 1440-1450 range before retracing back to 1230 & below.
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Describe your update...
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As expected, the breakout above 1300 achieved last week. So far in this update, no more story to tell for now. Only key resistances are visible.
Trade active
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Touched the first major resistance after breakout. If broken, the next will be the 1350 range. But so much bulls protecting the 1336 area. It needs a strong push to win that level. Another missile perhaps?
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After touching the 2nd major resistance @ 1350 level, it retraces downwards and starts painting sell signals. The first downward brick has a wick on top of it which indicates that bears are IN and want to control the situation. Right now only fibo retracements areas are key support levels.
Trade closed manually
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closed @ 1270 level. Now waiting for the signal to re-enter. Although some bulls movement are visible after hitting below 1270, its better to wait for a clearer entrance as bears are still in control. I placed a pending buy limit @ 1254.