False-break trading strategy expected if a correction occurs back to around $3,256
The main strategy will still prioritize Shorting around $3,301 – the previous round price zone was broken with STP 8 prices. However, in terms of timing, this trend-following Short strategy is expected to be activated tomorrow or as early as tonight.
Short-term strategies (prioritizing by session) can be considered Buying around $3,256 with STP $3,247 if a correction occurs. Targets are aimed at $3,277 - $3,287 and $3,300 respectively
However, today's Asian session is mainly bullish, which easily opens up the prospect of an extended price increase in Europe, pushing the price above $3,284 (expected to return to around $3,287). The Buy strategy will then be recalibrated following the pullback around $3,275 - $3,272 (retesting the current consolidation box). With STP $3,264 and Price Target towards $3,300
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