| Trade idea: | Pause before Rise. The technical configurations favour a rise on the market after an initial pause to buying levels. | |
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| Details: | The market is upside oriented today. However, before we expect an acceleration to the upside, the market will shape an intermediate setback. We advise to play this bullish strategy when the market approaches the initial setback level at 47.21, and as long as the market does not go below 46.21. Once we see the buying level at 47.21, we then anticipate a direct rise to 49.96. Buy close to 47.21 to play a rise to 49.96. The invalidation level of this trade idea is at 46.21 |
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