I believe we would continue going higher during the start of next week until we get to the first sell zone and may start to go down again or even go higher and reach the second sell zone and then go down.
We have 2 extreme scenarios as well, one bullish and one bearish:
Bullish set up is that we break above red line then we would go for the highest red box as long target.
Bearish setup is if we break below the last low visible on the 5 min time frame then i suggest you look for buy in the green zone.
We have 2 extreme scenarios as well, one bullish and one bearish:
Bullish set up is that we break above red line then we would go for the highest red box as long target.
Bearish setup is if we break below the last low visible on the 5 min time frame then i suggest you look for buy in the green zone.