Selling the peak or buying the dip of this week
Here are two ideas I will seek till ECB press conference on Thursday.
I expect price to range and consolidate between 1300 and 1340, so I consider 1335-1340 as a sell region and 1300-1305 as a buy region.
I expect price to range and consolidate between 1300 and 1340, so I consider 1335-1340 as a sell region and 1300-1305 as a buy region.
Comment:
Today price retraced back to the gap level of 1326, but faced a strong reaction. This was the first trial, maybe will be the last one. Selling from 1235-1240 region is much more riskier than yesterday as we have a long pin of ~10$.