Made new highs yesterday and price is getting accepted at a higher price. Though I did tweet that yesterday's upmove is likely a fake, still looking for rejection off my zone to go short.
My bias zone at 12560-69 and we are above it. 12605 and 12646 are the resistance above and 12669 should cap high of day. Though above is 12698. I will possibly be looking for a short off 12605.
Below 12560, look for shorts to target support zone 12509-19 and 12481.8. 12409-25 should cap low of day.
My bias zone at 12560-69 and we are above it. 12605 and 12646 are the resistance above and 12669 should cap high of day. Though above is 12698. I will possibly be looking for a short off 12605.
Below 12560, look for shorts to target support zone 12509-19 and 12481.8. 12409-25 should cap low of day.
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