Break of the 7720 level can get us in the trade.
Target area should be somewhere in the fib zone, difficulty with this setup is that the resistance is a quite wide zone as this is our target.
Setup is off the table when it breaks below 7690.
Target area should be somewhere in the fib zone, difficulty with this setup is that the resistance is a quite wide zone as this is our target.
Setup is off the table when it breaks below 7690.
Note
Trade fails to break. No trigger to get in.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.
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.