So, here is how my intraday trade looks like (chack out the previous post).
That was a really quick rice from the support area at 1004-1006. Next tough area to take out is 1017-1018. It is a classical support-turned-resistance situation. If the resistance holds, then we will be looking at Inverted Head & Shoulders pattern with the price target at 950-960.
I don’t wont to be a hero here, so when we get to the 1016-1018, I will close my longs.
