As mentioned before, we're expecting for price to reach our next sell zone which is around the level of 1970. Looking at how the market has been moving recently that becomes less likely as we fail to create any higher structure.
If we don't see that push up, then we could expect a move down instead which should take price below the 1900 level where we will be looking to take a long trade. If you currently have any long positions watch out for the 1900 level and if you're looking to enter, make sure that you're okay with the risk and don't use a big lot size.
Watch the video to find out more!
If we don't see that push up, then we could expect a move down instead which should take price below the 1900 level where we will be looking to take a long trade. If you currently have any long positions watch out for the 1900 level and if you're looking to enter, make sure that you're okay with the risk and don't use a big lot size.
Watch the video to find out more!
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💡 If you want to know on what basis we make our entries, get in here: t.me/trendlinefreetrade
