Trendline drawn from 4H TF. Lots of rejection to the downside as you can see in that zone. Will look for confirmation to enter with a small lotsize as i'll need to place the SL about 80 points below entry, below the trend line
report being released tomorrow 1.30pm GMT
and if the results are bad (i.e. inflation
is high/worse than expected), we'll likely see a drop on indices as investors drop out... hence why this set-up is a short-term one.
Updates to follow.