although 110 could be tough nut to crack, there is an ab-cd move completion at 108.75 area, as well as a daily MA in the region (currently at 108.48) and the 50% retracement from the last long leg up from 100 level to 118.5
placing buy order with stops under the aforementioned MA
Kommentera
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there is also a channel bottom - so a confluence of 4 'indicators' if you will to support this trade idea. good luck appreciate the feebback