The above idea is based on important support and resistance levels on this market.
Ideally i'll be waiting for a pullback to an important S/R level due to an exhaustion of the bullish momentum.
I will then be looking to open long positions targeting the current all time high.
Bare in mind that there is a lot of high impact news which could affect this idea.
Ideally i'll be waiting for a pullback to an important S/R level due to an exhaustion of the bullish momentum.
I will then be looking to open long positions targeting the current all time high.
Bare in mind that there is a lot of high impact news which could affect this idea.