Last week was a run up, however price could not close above our of price 153.
In the chart, you could see that at point 2, there is a selling however aggressive buying is in and push the price up about 130 pips.
Should you be , you could take a LRE trade at the of 153, however, for price to go down lower, 151.4 has to get broken first.
On the flip side, if there are no signs of selling in the upcoming week, Bulls will be in control and I will only be looking for long with 153 becoming the support.
The information contained in this presentation is solely for educational purposes and does not constitute investment advice. We may or We may not take the trade.
The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable to your own financial situation.
We,Sonicr Mastery dot com is not responsible for any liabilities arising from the result of your market involvement or individual trade activities