This can either go two ways right now. Either it will explode through The yearly high/ resistance around 152.8, or it will complete the simple M formation and stay within this trading range. I'm guessing if it goes back down we can expect 150.00 before the end of the week. If it closes about 152.8 by daily close I expect more upwards movement toward 160.00
https://invst.ly/5-ogg
https://invst.ly/5-ogg
Trade active
Up 100 Pips already!Note
Set SL to Break EvenNote
150+ Pips. Profit SL set to 152Note
Closing out one of my trades and opening up another sell here. SL above 152.Trade closed manually
Hit my target at 150.00. Will look to rejoin if this rallies back up
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.