Good evening all,
A sideways market is never a good sign. It means, indecision and a potential reversal. So, are we going to see a downtrend? Maybe, maybe not. Having said that, my view is still bullish for where it still is. So;
Long side view:
Buy above 35140
Target 1 - 35230
Target 2 zone 35350 - 35380
Target 3 - 35475
(Long SL - 35000)
--------------------
Short Side view:
Sell below 34630
Target 1 - 34575
Target 2 zone 34400 - 35350
Target 3 - 35300
(Short SL - 34750)
*** This is a view and not necessarily a trade recommendation ***
However, If you like my idea..., do spread the word.
A sideways market is never a good sign. It means, indecision and a potential reversal. So, are we going to see a downtrend? Maybe, maybe not. Having said that, my view is still bullish for where it still is. So;
Long side view:
Buy above 35140
Target 1 - 35230
Target 2 zone 35350 - 35380
Target 3 - 35475
(Long SL - 35000)
--------------------
Short Side view:
Sell below 34630
Target 1 - 34575
Target 2 zone 34400 - 35350
Target 3 - 35300
(Short SL - 34750)
*** This is a view and not necessarily a trade recommendation ***
However, If you like my idea..., do spread the word.
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