Trading Strategy

Intraday: below its lower Bollinger band

the downside prevails as long as 71560 is resistance.

Intraday: the downside prevails.

short positions below 5140 with targets at 5050 & 4995 in extension.

Intraday: 1.1530 in sight.

short positions below 1.1625 with targets at 1.1555 & 1.1530 in extension.

Intraday: key resistance at 5140.

short positions below 5140 with targets at 5050 & 4995 in extension.

Intraday: under pressure.

short positions below 1.1645 with targets at 1.1555 & 1.1530 in extension.

Intraday: rebound towards 73290

rebound towards 73290.

Intraday: the bias remains bullish.

long positions above 5055 with targets at 5165 & 5195 in extension.

Intraday: rebound towards 73880

rebound towards 73880.

Intraday: bullish bias above 1.1590.

long positions above 1.1590 with targets at 1.1630 & 1.1655 in extension.

Intraday: towards 5195.

long positions above 5055 with targets at 5195 & 5225 in extension.

Intraday: rebound towards 73470

rebound towards 73470.

Intraday: aim @ 1.1630.

long positions above 1.1590 with targets at 1.1630 & 1.1655 in extension.

Intraday: turning up.

long positions above 5055 with targets at 5195 & 5225 in extension.

Intraday: rebound towards 74150

rebound towards 74150.

Intraday: continuation of the rebound.

long positions above 1.1580 with targets at 1.1630 & 1.1655 in extension.

Intraday: under pressure.

short positions below 5140 with targets at 4995 & 4945 in extension.

Intraday: rebound towards 73830

rebound towards 73830.

Intraday: towards 1.1655.

long positions above 1.1570 with targets at 1.1630 & 1.1655 in extension.

Intraday: key resistance at 5140.

short positions below 5140 with targets at 4995 & 4945 in extension.