Risk to Reward might not be in your favor depending on your stop loss strategy
potential set up on the daily chart
Price has been bouncing around this channel and I am just waiting for the break of the support.
I have drawn out my PRZ from the 101.70 - 102.00 handle, which has shown to be resistance and support for this market recently. Price shot through this PRZ from today's open, and is now currently retracing back to the 102.00 support. I believe if price is unable to close below the PRZ, then it has strong intention to head higher up, to the 104.00 area. Stop loss...