I am watching this setup develop and want to share it with you.
Now I will only take this trade if the neckline is broken confirming the entry.
Even though strong support is below at $82,00 my stop loss will be below the $8,500 local support.
I prefer to keep the risk to reward favorable and if we break $8500 take another look at the $8200 support.
Trade safe. Be prepared. Trade smart.
Go ahead and leave a like if this helped you or you appreciated the analysis.
Take care everyone!