Pretty self explanatory from the chart. There are 2 long set-ups
1) Wait for current price to retrace to 1180 before placing a long OR
2) Wait for price to breakout above 1223 and then buy the Retest.
Currently it is still a counter trend trade so don't over expose yourself!
1) Wait for current price to retrace to 1180 before placing a long OR
2) Wait for price to breakout above 1223 and then buy the Retest.
Currently it is still a counter trend trade so don't over expose yourself!
Komen:
Option 2 is the way to go. Wait for a retrace. Perhaps towards 1200
Komen:
yayay!! retested and broke out!
Komen:
Option 2
