A good entry would be at the bottom of the trend. Possible short from the top of the range if the trend doesn’t break above 1.97326. A secondary buy at bottom of range is likely if gbp strengthens. Keep an eye on a 4hr chart for closer look at entry points and selling opportunities. Rsi neutral for the daily chart at the moment. A 50 rsi levelling on daily and...
Reasons I'm bullish:
#1:Last time we had a "buy the dip" like this was back in May at 8100 IMO
#2: It's printing a bullish divergence on the 4 hour - higher low while PA made a lower high and has been finding a floor.
#3: The high range is still around 10700 - this zone would need to be flipped into support if
bulls want to regain 11k
#4: The entire market went...
