A price action above 10300 supports a bullish trend direction.
Increase long exposure for a break above 10500, which is also the 23.6% Fibonacci retracement level.
The target price is set at 10900, just above its 38.2% Fibonacci retracement level.
The stop-loss is set at 9800.
The trade idea is regarded as a counter-trend strategy. Adjust risk accordingly.
Increase long exposure for a break above 10500, which is also the 23.6% Fibonacci retracement level.
The target price is set at 10900, just above its 38.2% Fibonacci retracement level.
The stop-loss is set at 9800.
The trade idea is regarded as a counter-trend strategy. Adjust risk accordingly.