My original analysis predicted a shorting opportunity all the way down to the 1200.00 level, once price hit 1224.50 it quickly reversed in the opposite direction. I'm now reviewing this chart with an opinion on going long, as you can see we are currently trading within a range and price is also trading slightly above our 200 . Once we hit our meeting with our indicator I expect a sharp turn to the upside!
All round this has a solid PRZ zone with everything indicating a long position and becoming oversold on the 1h chart.. We're in for a huge trading opportunity.
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