Trading Strategy

Intraday: intraday support around 3970.00.

long positions above 3970.00 with targets at 4025.00 & 4058.00 in extension.

Intraday: the upside prevails as long as 1.1573 is support

the upside prevails as long as 1.1573 is support

Intraday: intraday support around 3970.00.

long positions above 3970.00 with targets at 4025.00 & 4058.00 in extension.

Intraday: the RSI is overbought

the upside prevails as long as 1.1555 is support

Intraday: our next up target stands at 1.1637

our next up target stands at 1.1637

Intraday: intraday support around 3970.00.

long positions above 3970.00 with targets at 4005.00 & 4025.00 in extension.

Intraday: the upside prevails as long as 120460 is support

the upside prevails as long as 120460 is support.

Intraday: the bias remains bullish.

long positions above 3950.00 with targets at 4025.00 & 4058.00 in extension.

Intraday: the downside prevails.

short positions below 1.1600 with targets at 1.1540 & 1.1510 in extension.

Intraday: further advance.

long positions above 3950.00 with targets at 4025.00 & 4058.00 in extension.

Intraday: key resistance at 1.1600.

short positions below 1.1600 with targets at 1.1540 & 1.1510 in extension.

Intraday: the downside prevails as long as 122370 is resistance

the downside prevails as long as 122370 is resistance.

Intraday: our next up target stands at 124100

our next up target stands at 124100.

Intraday: key resistance at 3993.00.

short positions below 3993.00 with targets at 3944.00 & 3924.00 in extension.

Intraday: the downside prevails.

short positions below 3993.00 with targets at 3924.00 & 3900.00 in extension.

Intraday: the downside prevails.

short positions below 1.1600 with targets at 1.1540 & 1.1510 in extension.

Intraday: the downside prevails as long as 122210 is resistance

the downside prevails as long as 122210 is resistance.

Intraday: key resistance at 4000.00.

short positions below 4000.00 with targets at 3943.00 & 3924.00 in extension.

Intraday: watch 1.1510.

short positions below 1.1600 with targets at 1.1540 & 1.1510 in extension.