The price action aligned perfectly with the prediction – truly impeccable. Hopefully, you capitalized on this opportunity. Currently, we're facing robust resistance at 1,680.
You have two strategic options:
Close your positions and observe the following scenarios:
Breakout to around 1,690, then a potential retest of 1,680 before a surge towards the 1,730 area.
Alternatively, a breakdown to 1,660 followed by a retest of the 200-day Simple Moving Average at 1,630.
Choose your approach wisely.
Happy trading!
You have two strategic options:
Close your positions and observe the following scenarios:
Breakout to around 1,690, then a potential retest of 1,680 before a surge towards the 1,730 area.
Alternatively, a breakdown to 1,660 followed by a retest of the 200-day Simple Moving Average at 1,630.
Choose your approach wisely.
Happy trading!
