We discussed this market yesterday and how price was looking to move into the major daily chart resistance.
Price has now made this move and is looking to attempt a breakout.
This is a major level for this market and it could present multiple trading opportunities. We could expect at least some resistance here, however a breakout higher would offer higher probability trades.
A breakout higher would expose more free space for price action to move into and a potentially more explosive move.
Price has now made this move and is looking to attempt a breakout.
This is a major level for this market and it could present multiple trading opportunities. We could expect at least some resistance here, however a breakout higher would offer higher probability trades.
A breakout higher would expose more free space for price action to move into and a potentially more explosive move.
