as we can consider the price in a trading range , after engulfing above our resistance and hunting stops.
in return the price towards previous supports zone and after breaking them (BMS) , we can enter short in retracement.
in return the price towards previous supports zone and after breaking them (BMS) , we can enter short in retracement.
Comment:
As we mentioned and expected, the price has continued to advance to the areas indicated in the chart around 300 pip.