Two scenarios.
1st price bounces of this price range and falls off to 104,950.
,
2nd scenario price breaks this resistance and tests top of the chanel and falls down to 104.950.
In boths scenarios 104,950 1st tp. 2nd tp is 104,550.
Trade safe good luck.
1st price bounces of this price range and falls off to 104,950.
,
2nd scenario price breaks this resistance and tests top of the chanel and falls down to 104.950.
In boths scenarios 104,950 1st tp. 2nd tp is 104,550.
Trade safe good luck.
Trade active:
2nd scenario right now looks valid, so lets wait for a good entry point for sell.