looking at the trend line on the bottom, Where we encounter some resistance. we expect a rally to the upside to the next resistance level around 1788s (which happen to be our 61.8 Fibonacci Level).
Comment:
Let's Not get degraded for playing defensive over there with the tight stops!
Comment:
Though I think we'll retest the highs around 1797 and probably have new HH. But don't Chase the price. we wait for demand to go down for a retracement.