This situation can be nice pushup to 6700 and also 6800 POC, but we are still in down trend, 6600 is still high sell level, where some whale is holding it. Will he let us through pushup or will he push price down to 6400 ? I may short from 6550 level with close sl level at 6575 . 25% for push and 75% for going back to 6400 POC . Tooked on previous charts where was nice breakout to 6580 level.
Comment:
Blue arrow is breakout, green one is small move where i will look for entries 6540-6550. I also use blue and red line for alerts .
Trade closed: target reached:
6400 :) short taken .
