There is possibility of temporary retracement to suggested (1356.75 to 1375.05), if so, traders can set orders based on Daily-Trading-Opportunities (Price Action) and expect to reach short-term targets.
.Beginning of entry zone (1356.75)
.Ending of entry zone (1375.05)
.Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses.
. ( ) is 68.
.Current short-term is range bound, but beginning of downtrend is expected.
All SLs moved to Break-even.
We have already opened Sell trades, trade setup is drawn on the chart and shows entry and targets
.Price is below WEMA21, if price rises more, this line can act as dynamic resistance against more gains.
.Relative strength index (RSI) is 48.
TP1 @ 1341.55 touched at 01.29.2018
TP2 @ 1324.15 touched at 02.06.2018
TP3 @ 1308.85 touched at 02.08.2018
7 other break-even trades closed at entry price, therefore no profit no loss.
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