RESISTANCE TEST
Interesting test of March highs while DMI is signaling a potential bullish pressure is
yet to be ended, we expect here some volatility due to profit takings of shorter term traders, however until the middle of the range is below prices we could wait for a weekly close above the resistance in order to trigger our longs over a bullish breakout momentum strategy.
yet to be ended, we expect here some volatility due to profit takings of shorter term traders, however until the middle of the range is below prices we could wait for a weekly close above the resistance in order to trigger our longs over a bullish breakout momentum strategy.
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