TSL is at a good support level.
We have a role reversal from the early months of Jan Feb around 901 where price made a high and then retreated.
This support also is overlapping with a Bear profit target of 127% of the correction from the last high.
Price is currently at a level where the Bulls are hiding.
My plan is to buy 50% of my budget on an HL from this area if it occurs on the 4hr jaming the stop and then see what happens.
However Price may head down to the next level of support - then......
The second support I see that would be good is 813. We should see a good bounce from here and TSL should see a HH - 1259 in the new year. Happy trading this is my plan so do your own due diligence first.
We have a role reversal from the early months of Jan Feb around 901 where price made a high and then retreated.
This support also is overlapping with a Bear profit target of 127% of the correction from the last high.
Price is currently at a level where the Bulls are hiding.
My plan is to buy 50% of my budget on an HL from this area if it occurs on the 4hr jaming the stop and then see what happens.
However Price may head down to the next level of support - then......
The second support I see that would be good is 813. We should see a good bounce from here and TSL should see a HH - 1259 in the new year. Happy trading this is my plan so do your own due diligence first.