Last week's short on retracement/channel rejection was good. Temporary support at the moment at 31221.
Possible scenarios: 1) Long at 31221 / dotted trend line support 2) Short on rejection of solid trend line / 32029 / 31221 / retracement on low volume
Price reaction levels Short on Test and Reject | Long on Test and Accept
32546 32029 31221 30406 29639
Weekly: Higher vol than previous bar, narrower spread, close off low = demand coming in Daily: Ave vol down bar close off low = minor demand H4: Ultra high vol bar + up bar close of low = minior demand
Remember to like and follow if you find this useful.