Important Levels for 26-07-2021.
The price rejection was fast once 35100 was crossed and we could see buyer exhaustion at 35050+ levels.
Still with the price above major levels going fresh shorts can be a bit risky.
We can grab a quick 120-150 points on the downside if we have a flat opening and price going below 34900 with a strict SL at 34950.
A gap down opening we can find support at 34750 levels.
Will be happy shorting if price goes below 34500 and fresh longs above 35150.
Expecting a highly volatile day tomorrow.
Trade safe!!!
The price rejection was fast once 35100 was crossed and we could see buyer exhaustion at 35050+ levels.
Still with the price above major levels going fresh shorts can be a bit risky.
We can grab a quick 120-150 points on the downside if we have a flat opening and price going below 34900 with a strict SL at 34950.
A gap down opening we can find support at 34750 levels.
Will be happy shorting if price goes below 34500 and fresh longs above 35150.
Expecting a highly volatile day tomorrow.
Trade safe!!!
Trade closed: target reached:
As mentioned 34900-34750