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Please note this is only an idea, invest at your own risk.
Currently sitting/fighting a key level of resistance/support at around 31/32.
I would like to see it form a good base and stabilize around this level.
If it surpasses next resistance of previous swing high, at around 34, then I would consider it a good entry point up until 40.
The opening of the economy and summer might have a positive influence on it, so expect moves around these key levels within the next few weeks.
Happy to get feedback on my idea.
Currently sitting/fighting a key level of resistance/support at around 31/32.
I would like to see it form a good base and stabilize around this level.
If it surpasses next resistance of previous swing high, at around 34, then I would consider it a good entry point up until 40.
The opening of the economy and summer might have a positive influence on it, so expect moves around these key levels within the next few weeks.
Happy to get feedback on my idea.
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