Price hit the 50% retracement at 11840 and bounced nicely. I am now long from 11850 with a stop laying about 20 pips below the 50% retracement at 11820 1st profit target is marked on the chart. if it comes to that i will move my stop to breakeven, and wait to see if price can reach the next downsloping trendline.
If you like the idea please give a thumb up. Any comments positive or negative will be much appreciated Thanks