But the short term forecast is range bound, so we expect to reach the following targets:
Set the stoploss of these orders at breakout of S2=112.
Stop and reverse:
If trend gets reversed, sell (stop) orders will be opened at breakout of S2=112.
In this situation, there is an expectation to reach the target S3=111.4.
Set the stoploss of reverse orders at breakout of S1=112.15.
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