Good time to open a long
- Nice bounce of the early November support
- Market correction was isolated due to single event (Iran General death)
- Expect upward trend to continue as markets become risk-on after factoring in this event + US data looks strong
- To keep in mind we are still in an ascending channel and approaching end of a symmetrical triangle
- Open long around 108 levels with T1 at 108.5 and T2 at 109.25
- Tight SL at 107.4 levels
- Market correction was isolated due to single event (Iran General death)
- Expect upward trend to continue as markets become risk-on after factoring in this event + US data looks strong
- To keep in mind we are still in an ascending channel and approaching end of a symmetrical triangle
- Open long around 108 levels with T1 at 108.5 and T2 at 109.25
- Tight SL at 107.4 levels
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