Looking at price to fall to the 10500 / 10750 Support zone before making a strong recovery going into the new year.
The Daily and Weekly are both bearish but looking at the Monthly chart (November) candle and letting the higher time frame take preference , I see a big push to the Upside which is why I will look for a BUY from the 10500 / 10750 area.
The Daily and Weekly are both bearish but looking at the Monthly chart (November) candle and letting the higher time frame take preference , I see a big push to the Upside which is why I will look for a BUY from the 10500 / 10750 area.
Comment:
This idea played out nicely, price fell to the area of interest and had a clean rejection wick and bounce off support with the low of the day at 10774. The Daily closed bearish so I'm keen to see if price will retest 10774 tomorrow.
Comment:
This trade idea played out beautifully , lets see if price will break the 11400 resistance zone.