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Dare to trade. Dare to win.
Provided an update on positions and future target levels.
In case of a breakout and consolidation above the 115,700-800 level, I expect a move toward 118,500-118,900, through which we could reach my desired target of 123,456.
If the price fails to break the 115,400 level, a bearish triangle could be confirmed. After a retest of the resistance at 114,300, it may drop to the 113,400 level. If that level is broken, I expect a move down to 111,500-109,500. For me personally, this would signal the start of a true bearish trend.
Regarding my positions, I’m currently holding a 25% short from 116,600 and will add to it around 123,456 if the market allows.