Well - volatility has been crazy but the bulls are coming back as strong as the bears were last week.
The 7320 target reached and has even been exceeded.
Here is a price action scenario I can see occuring and would be looking for the following trade setup:
Directional Bias: Long
Price Target: 7420
Good Entry: 7200-7220
Risk/Reward: 30 points max risk (below 7170 invalidates) / 200 point reward.
The 7320 target reached and has even been exceeded.
Here is a price action scenario I can see occuring and would be looking for the following trade setup:
Directional Bias: Long
Price Target: 7420
Good Entry: 7200-7220
Risk/Reward: 30 points max risk (below 7170 invalidates) / 200 point reward.
