With good news looming of a vaccine coming our way, we're most likely going to get a break of this consolidation towards the upside and possibly even break out for new highs .
Executing the position might be the challenge, but looking at it from the H4 time frame, we see the chart finding support around the key 38.2% and 50% fib levels.
Entry for long positions
11960
SL
11901
TP1
12225
TP2
12574
Apply good risk management as trading is risky.
Executing the position might be the challenge, but looking at it from the H4 time frame, we see the chart finding support around the key 38.2% and 50% fib levels.
Entry for long positions
11960
SL
11901
TP1
12225
TP2
12574
Apply good risk management as trading is risky.