Price moved in a narrow range 1220 to 1240 today. 1220 is an important level to decide the trend direction.
Buy above 1225 with the stop loss of 1218 for the targets 1232, 1240, 1248 and 1256.
If price is unable to sustain above 1220 zone and faced resistance, then sell below 1212 with the stop loss of 1219 for the targets 1205, 1198, 1190 and 1182.
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Note : This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
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