TRADE IDEA (21-25 Aug)
NEUTRAL
Bullish but showing signs of exhaustion
BEARISH SCENARIO
A close below 157.80 i would look for
SHORTS
BULLISH SCENARIO
Trendline is still supporting as well as the 157.80
to 158.00 support zone.
Would look to go LONG if i see a close back above
Trendline 4H chart.
NEUTRAL
Bullish but showing signs of exhaustion
BEARISH SCENARIO
A close below 157.80 i would look for
SHORTS
BULLISH SCENARIO
Trendline is still supporting as well as the 157.80
to 158.00 support zone.
Would look to go LONG if i see a close back above
Trendline 4H chart.