That was indeed a decent breakout. Now is not the time to long. A perfect entry would be after a retest of S-R zone at 109.70 then BOOM!
Buy Limit Order is best for this scenario : 109.70
Stop Loss: 109.55 (enough room for false break)
Take Profit: 110.70 (at this point, the buy momentum should be exhausted).
Disclaimer: This is not a trade advise or signal, its just a personal analysis I would trade.
Buy Limit Order is best for this scenario : 109.70
Stop Loss: 109.55 (enough room for false break)
Take Profit: 110.70 (at this point, the buy momentum should be exhausted).
Disclaimer: This is not a trade advise or signal, its just a personal analysis I would trade.