Ok, we have had a ranging market with bullish retracement and important targets have been hit.
Currently market is ranging between 2800-3000 and my opinion that we could see 2750>2720>2700 and the market is heading there. Stops should be @ 3020 and if market fails to break 3020 we will see 2700. Its not the best time for position trading nor for intraday trading with holding positions on h1 TF due to a big range that can swipe the SL.
Again scalping may be preferred option to gain hold of profits.
Important levels to watch for:
2875 2910 2945 resistance
2830 2795 2760 support
Currently market is ranging between 2800-3000 and my opinion that we could see 2750>2720>2700 and the market is heading there. Stops should be @ 3020 and if market fails to break 3020 we will see 2700. Its not the best time for position trading nor for intraday trading with holding positions on h1 TF due to a big range that can swipe the SL.
Again scalping may be preferred option to gain hold of profits.
Important levels to watch for:
2875 2910 2945 resistance
2830 2795 2760 support