1.09 GJ pre-NY

٩ يناير ٢٠٢٠

Current 4Hr structure reflects bullish momentum, due to the higher high --> higher lower --> higher high structure. 142.50 is a key level, and the demand zone for this level extends into 142.25, thus price has potential to fall further into this zone. With daily engulfing outweighing the 4HR bearish engulfing, I will wait for 3-4 30 min closes above 142.55 before entering long with stops below 142.45 and a target of 143.5