Highlights and key points
Main scenario: consider short positions from corrections below the level of 77.20 with a bearish target of 63.50 – 53.60. A sell signal: if the price holds below 77.20. Stop Loss: above 78.50, Take Profit: 63.50 – 53.60.
Alternative scenario: breakout and consolidation above the level of 77.20 will allow the asset to continue rising to the levels of 83.75 – 89.53. A buy signal: once the level of 77.20 is broken to the upside. Stop Loss: below 76.00, Take Profit: 83.75 – 89.53.
Main scenario
Consider short positions from corrections below the level of 77.20… Read full author’s opinion and review in blog of #LiteFinance
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