Extended rapid move up (on a monthly basis) reaching old support from the mid nineties. With indicators moving into overbought territory as well, looks like a move down may be forming soon. Looking for other signals
Long trade from a touch of the 50% fib retrace of the 2009-2012 bull run. This looks like it is also hitting a place of previous supply and thus support. Stop loss placed just after supply zone and a 4:1 profit target sitting just within the start of a demand zone above. 3:1 might also be valid. Thoughts?