ā
Prepare both setups:
For long: wait for green candle closing above $160.3 with volume
Entry: After confirmation, aim for $162ā164.
Stopāloss: Just below $158.8
This offers a relatively safe risk/reward with tight stops.
For short: wait for rejection around $161ā162 with signs of selling pressure
Entry: Upon rejection, targeting $158.5ā$159
Stopāloss: Slightly above $162.5