FOR A BUY = Break above 1585-1586 and hold WITH a retest of structure or formation of a new structure high.
Lower time frames for confirmation of this after the clear breakthrough
FOR A SELL = Price has hugely rejected a major area in the market, this dynamic resistance is proving to strong to be able to breakthrough the structure and hold.
Because of this i would assume my sentiment more of a sell at the moment, and i would like to see price pull back to the trend line to respect it. Ideal tp 1575
Lower time frames for confirmation of this after the clear breakthrough
FOR A SELL = Price has hugely rejected a major area in the market, this dynamic resistance is proving to strong to be able to breakthrough the structure and hold.
Because of this i would assume my sentiment more of a sell at the moment, and i would like to see price pull back to the trend line to respect it. Ideal tp 1575