As highlighted in today's earlier update, the price has successfully retested the 3030 level and subsequently tested the 3037 level, which serves as a 30-minute resistance. If the price closes above this level and retraces to gather liquidity around the 3035 area, it could provide greater potential for upside scalping opportunities.
For those who entered around the 3030 mark based on the earlier analysis, keep an eye on the 3037–3040 range for any notable reactions. If the price closes above 3037, we could see a smooth continuation. However, if the price falters and forms a strong bearish candle, consider partially closing your position while setting the remainder to breakeven. This approach leaves room for a fresh attempt during the New York session. Cheers!
For those who entered around the 3030 mark based on the earlier analysis, keep an eye on the 3037–3040 range for any notable reactions. If the price closes above 3037, we could see a smooth continuation. However, if the price falters and forms a strong bearish candle, consider partially closing your position while setting the remainder to breakeven. This approach leaves room for a fresh attempt during the New York session. Cheers!
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Target almost reached on the second idea as well. For continuation, price should not close below 3037 now. Cheers!
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.