WTI Wave Analysis 4 November 2024
- WTI reversed from long-term support level 66.75
- Likely to rise to resistance level 75.00
WTI crude oil recently reversed up from the long-term support level 66.75 (which has been reversing the price from the end of 2021), standing near the lower weekly Bollinger Band.
The upward reversal from the support level 66.75 continues the weekly upward impulse wave (3), which also started from the same support level in September.
Given the strength of the support level 66.75, WTI crude oil can be expected to rise to the next resistance level 75.00 (former strong resistance from October).
Oscillators
EURCAD Wave Analysis 4 November 2024
- EURCAD reversed key resistance level 1.5160
- Likely to fall to support level 1.5100
EURCAD currency pair recently reversed down from the key resistance level 1.5160 (which has been steadily reversing the price from the start of August as can be seen below), strengthened by the upper daily Bollinger Band.
The downward reversal from the resistance level created the daily Japanese candlesticks reversal pattern Dark Cloud Cover – which marked the end of the previous ACB correction 2.
Given the strength of the resistance level 1.5160 and the overbought daily Stochastic, EURCAD currency pair can be expected to fall to the next support level 1.5100, the former resistance from October.
USD/CAD teeters on bearish reversal brink ahead of US electionBearish reversal patterns generated by USD/CAD on the daily timeframe have enjoyed a decent track record recently, especially following a pronounced bullish trend. That makes today's early price action interesting, with the price reversing hard after closing at fresh 2024 highs on Friday.
As the daily candle has yet to be competed, getting short pre-emptively screens as a low probability setup. But if we do see a bearish engulfing candle print, it will provide a decent short setup heading into US election day, especially if the price bounces a touch from current levels.
To make the trade stack up from a risk-reward perspective, the price would need to break several nearby levels, including the uptrend from October 15 and horizontal support at 1.3869. If they were to fold, 1.3815 is one potential target with 1.3748 and 1.3700 the next after that. A stop-loss order above Friday's high would offer protection against reversal.
Bolstering the case for potential downside, RSI (14) has broken the uptrend it was sitting in after sitting in overbought territory for more than a week, hinting bullish momentum may be starting to turn. While the signal is yet to be confirmed by MACD, that too is looking like it may soon rollover as it moves closer to the signal line.
Good luck!
DS
The point to watch is whether it can rise to around 2555.69
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-------------------------------------
(ETHUSDT 1D chart)
I told you that in order to get out of the current box range (2273.58-2706.15), the price should be maintained above 2419.83.
However, it is currently touching around 2419.83 and rising.
Accordingly, I think the upward momentum may be weak.
Therefore, I think it is better to wait until we see support near 2555.69.
Currently, the M-Signal indicator on the 1M chart has fallen below 2666.70 and is passing around 2555.69.
Accordingly, I think it is not too late to buy after confirming that the price is maintained above the M-Signal indicator on the 1M chart.
If it rises above the upper point of the box section, 2706.15, I think it is highly likely that it will show a sharp upward trend.
Therefore, it is recommended to buy below 2706.15.
Once the rise begins, it is expected to rise to around 3265.0-3321.30.
-
Have a good time.
Thank you.
--------------------------------------------------
- Big picture
It is expected that a full-scale upward trend will begin after rising above 29K.
The section expected to be touched in the next bull market is 81K-95K.
#BTCUSD 12M
1st: 44234.54
2nd: 61383.23
3rd: 89126.41
101875.70-106275.10 (overshooting)
4th: 134018.28
151166.97-157451.83 (overshooting)
5th: 178910.15
These are points where resistance is likely to occur in the future.
We need to check if these points can be broken upward.
We need to check the movement when this section is touched because I think a new trend can be created in the overshooting section.
#BTCUSD 1M
If the major uptrend continues until 2025, it is expected to start forming a pull back pattern after rising to around 57014.33.
1st: 43833.05
2nd: 32992.55
-----------------
This volatility period is until November 5th
Hello, traders.
If you "Follow", you can always get new information quickly.
Please click "Boost" as well.
Have a nice day today.
-------------------------------------
When a new candle is created on the 1W chart, I will explain it in an update.
---------------------------------------
(BTCUSDT 1M chart)
If the BTC price touches around 89K, it is expected that it will never be below 42K again.
-
As the new month begins, the StochRSI indicator is showing an upward turn.
However, since the StochRSI EMA is located around the 50 point, we can see that volatility still remains.
The point to watch is whether the price is maintained above the StErr Line and rises above 71280.01 to challenge the ATH.
The black line without any numbers indicates the upper or lower point of the box section of the HA-HIgh or HA-Low indicator.
The upper or lower point of the box section of the HA-Low and HA-High indicators on the 1M and 1W charts can be used as support and resistance points when trading.
-
(1D chart)
While falling below 68393.48, it is touching the entire MS-Signal indicator and showing an upward trend.
Accordingly, it is thought that the possibility of support in the 68393.48-70148.34 section has increased.
Therefore, if support is confirmed in the 68393.48-70148.34 section, it is a time to buy.
As I mentioned in the previous idea, the pull back pattern is a pattern that can be recognized when it is completed.
Therefore, it is quite difficult to buy at the bottom of the pull back pattern.
That is why, when the decline begins after the rise, you have no choice but to check the importance of the support and resistance points drawn on the 1M, 1W, and 1D charts and think about countermeasures for them before preemptively trading.
Therefore, since the probability of failure is quite high, you must think about a loss cut or selling method before trading.
If you buy in the 68393.48-70148.34 section and it rises above 70148.34,
1st: 71280.01-72344.74
2nd: 73620.12
You must check for support near the 1st and 2nd above and respond.
-
This volatility period is expected to start around November 4th and end around November 16th.
Accordingly, we need to keep an eye on the movements around November 4th (November 3rd-5th), November 10th (November 9th-11th), and November 16th (November 15th-17th).
In order to rise along the linear regression channel, the price needs to rise above 70148.34 to maintain its position, so whether it can find support and rise in the 68393.48-70148.34 range is key.
----------------------------------------------------
We choose the time frame chart to trade according to our investment style and trade according to the movement of that chart.
Accordingly, we will look at the time frame chart to trade most of the time.
Also, since most trading charts are likely to be below 1D charts, there is a high possibility that you will trade without understanding the overall flow.
Therefore, before starting a trade, you must check and understand the flow of the 1D chart and then trade.
Otherwise, you may trade incorrectly due to fakes or sweeps when trading on time frame charts below 1D charts.
-
Add the StochRSI indicator to the 1D chart.
Set the StochRSI indicator as shown in the picture above.
Then, you can check the movement similar to the StochRSI indicator that I use.
(The best way is to share my chart and paste the indicator into your chart.)
Then, if the StochRSI indicator is rising based on the 50 point,
- you should focus on finding the time to sell,
- if it is falling, you should focus on finding the time to buy.
Depending on the location of the StochRSI indicator, volatility may occur.
1. When falling in the overbought zone
2. When located in the 50 point zone
3. When rising in the oversold zone
When the above three movements occur, the price may show volatility.
If this volatility occurs at a time, you should check the movement of the 1D chart to avoid being caught in a fake or a sweep.
-
The trend-based Fibonacci extension shown on the left was drawn at the point where this rise began.
Therefore, you can use it only as a reference for chart analysis.
-
It doesn't matter which time frame chart you start trading on.
However, you can create a trading strategy that matches the investment period, investment size, trading method, and profit realization method according to the time frame chart and respond accordingly.
-
Have a good time.
Thank you.
--------------------------------------------------
- Big picture
It is expected that the real uptrend will start after rising above 29K.
The section expected to be touched in the next bull market is 81K-95K.
#BTCUSD 12M
1st: 44234.54
2nd: 61383.23
3rd: 89126.41
101875.70-106275.10 (when overshooting)
4th: 134018.28
151166.97-157451.83 (when overshooting)
5th: 178910.15
These are the points where resistance is likely to be encountered in the future. We need to see if we can break through these points.
We need to see the movement when we touch this section because I think we can create a new trend in the overshooting section.
#BTCUSD 1M
If the major uptrend continues until 2025, it is expected to start by creating a pull back pattern after rising to around 57014.33.
1st: 43833.05
2nd: 32992.55
-----------------
Dow Jones + This 3 Step SystemThe greatest buying opportunity has arrived...
are you looking at the dow jones TVC:DJI ?
-
It was from crashing this crash wont continue at all
because it was a type of crash that
appears as a taking profit
-
Crash investors are going to rebuy their
positions in this next market cycle.
-
Listen its been a crazy time with
the USA presidential elections coming up
this week
-
Are you prepared to capitalise during this
election cycle the stakes are high
-
And this is the time for you
to prepare..
-
If you look at this chart you
will see..The following 3 steps:
-
• Step 1: The price is above the 50 ma
• Step 2: The price is above the 200 ma
• Step 3:The price has to gap up
-
Also notice that the candle stick pattern looks
like a bullish harami...if you want to learn more
about candle stick patterns
-
Read Steve Nisson’s Book On Japanese Charting..
-
It will really help you and give
you an edge in trading..
because this is the book am currently
reading right now.
-
Rocket boost this content to
learn more
-
Disclaimer: Trading is risky you will lose money wether you
like it or not.Please learn risk management and profit
taking strategies.
Dogecoin Primed For Liftoff?! Here I have COINBASE:DOGEUSD on Daily & 1Hr Chart!
A lot of Bullish signs are popping up on all Time-Frames for $DOGEUSD! Let's lay it out:
Daily Chart-
*Price made its Lowest Low @ .0805
*Price has created a Bullish Divergence on the RSI when price was able to make a Higher High @ .1321, disrupting the Downtrend Pattern.
*Fib Retracement Tool from the Lowest Low to Higher High places the Golden Ratio Zone @ ( .1033 - .1002 ) where Price has already Retraced to and is showing Exhaustion from the Bears!
1Hr Chart-
*Zooming into the Golden Ratio Zone, we see Price is exhibiting signs of a Bullish Wedge, potentially in the Reversal Variation!
*Lower Lows on Price creating Bullish Divergence with Higher Lows on RSI
I suspect we will see Price give us a Bullish Break to this Wedge and continue creating Higher Highs/Higher Lows continuing the Uptrend which will then contend with the Resistance Levels:
( .1355 - .1440 )
( .1700 - .1800 )
( .1990 - .2200 )
**If Price gives us a Bearish Break to the Wedge, Be Vigilant to False Breaks testing the .09 cent Support Level & Rising Support
Why This Forex Pair Will Go Up In 3 Steps Trading the forex markets
Is viewed as hard and that's okay
Listen on average
The strike price or your position
Size should not be more
Than $100 that's if you are
Trading options
Now it depends with what broker
You are using but to be honest
If you want liquidity then that's
The strike price I would use.
Sadly the liquidity in forex markets
Are very low thats most
Forex brokers offer high margin
Remember each market is different
It will take time to know them..
This chart follows the 🚀 Rocket Booster Strategy:
1.The price has to be above the 50 EMA
2.The price has to be above the 200 EMA
3.The price to gap up in a trend
The last step is tricky because it involves crowd psychology..so you will have to learn more...
Rocket boost this content to learn more.
Disclaimer ⚠️ Trading is risky please learn risk management and profit taking strategies because you will lose money wether you like it or not.
Streamr (DATA) - Bullish divergenceOn the above 5-day chart price action has corrected over 90% since April 2021. Now is a good opportunity to go long. Why?
1) Price action and RSI resistance breakouts.
2) Price action finds support on past resistance.
3) Strong positive divergence between price action and multiple oscillators. This divergence occurs over a 90 day period as was the previous.
4) The flagpole measures out at 800% to target.
Is it possible price action could fall further? Sure.
Is it probable? No.
Ww
Type: trade
Risk: <=6% of portfolio
Timeframe for long: now
Return: 800%
Is ANKR about to print a 1500% move?On the above 8-day chart price action has corrected over 90% since the month of May 2021. A number of reasons now exist to be long, including:
1) Price action and RSI resistance breakouts.
2) Price action prints support on past resistance. Look left.
3) The macro bull-flag breakout plus confirmation of support.
4) A number of tradingview.com ideas are ‘short’. Remember the 9 out of 10 market participants will lose money. Be the 10%.
5) Bonus observation, see chart below.
Is it possible price action falls further? Sure.
Is it probable? no.
Ww
Type: Trade
Risk: <6%
Timeframe: Act now
Return: 1500%
Little bull flag with 250% projection
The Rocket Booster Strategy Boosted Part 2Trying to find a pattern to trade
has been a challenge..and so in this video
i show you the rocket booster
strategy boosted.
-
First, you need to make sure you
do not trade flat markets..
This is a mistake I have made a lot.
-
Second, you need to increase the amount
of volume you are trading because in the
stock market the traffic can get stuck.
-
Third try your best not to trade low-volume stocks
this is also something I was very fond of doing
Because I was so good at technical analysis
I never understand the power of volume
-
Lastly, you need to create
a combination of trading systems
That will help you identify the best swing trading
Opportunities
In this video we are using the following
indicators:
1-Volume
2-Rate Of Change
3-Moving Averages
Creating a system with a combination of these indicators
should help you build a strong trading system
-
And trading strategy
Watch this video to learn more.
-
Disclaimer:Trading is risky you will lose money wether you
like it or not please learn risk management
and profit taking strategies.
Danimer Scientific, Inc.On the above 10 day chart price action on this penny stock has corrected 98% since February 2021. A number of reasons now exist to consider a long position. They include:
1) Price action and RSI resistance breakouts.
2) Past resistance confirms support. (yellow arrows).
3) Regular bullish divergence. Multiple oscillators print positive divergence with price action as measured over 6 months.
4) The falling wedge formation forecasts a 8000% move as measured from the highest to the lowest wedge touch points.
5) No share splits. True.
Is it possible price action corrects further? Sure.
Is it probable? No.
Ww
Type: Investment
Risk: <= 3%
Timeframe for long: Qrt 2, 2024
Return: 8000%
Stop loss: 55 cents
Pull back is a pattern that can be recognized after it is formed
Hello, traders.
If you "Follow", you can always get new information quickly.
Please also click "Boost".
Have a nice day today.
-------------------------------------
(BTCUSDT 1D chart)
The HA-High indicator is showing signs of being created at the 69843.04 point.
Accordingly, the point of observation is whether it can receive support and rise near the 69843.04-70148.34 section.
We need to check whether the StochRSI indicator falls below 50 due to this decline.
When the price is supported in the 68393.48-70148.34 range, if the StochRSI indicator remains below 50 and StochRSI > StochRSI EMA, it is a time to buy.
Basically, if the StochRSI indicator is above 50, it is better to focus on finding a time to sell, and if it is below 50, it is better to focus on finding a time to buy.
In particular, you should focus more when it is in the overbought and oversold ranges.
-
The MS-Signal indicator consists of M-Signal and S-Signal.
Since S-Signal is currently in the 66668.65-68393.48 range, it is possible to touch this range and rise, so caution is required when trading.
Therefore, it is better to check the movement when the state of M-Signal < S-Signal is changed.
---------------------------------------------------------
(BTCUSDT.P 1D chart)
If it falls below 68447.9, liquidation is required for positions purchased (LONG) below 67044.1.
In other words, if the first installment liquidation was performed above 69835.3, the second installment liquidation is required around 68447.9.
Then, when it shows support in the 68447.9-69835.3 range and the StochRSI indicator is below 50 and StochRSI > StochRSI EMA, you can make an additional purchase (LONG).
It is recommended that this additional purchase (LONG) be made below 69835.3.
-
Have a good time.
Thank you.
--------------------------------------------------
- Big picture
It is expected that the real uptrend will start after rising above 29K.
The section expected to be touched in the next bull market is 81K-95K.
#BTCUSD 12M
1st: 44234.54
2nd: 61383.23
3rd: 89126.41
101875.70-106275.10 (when overshooting)
4th: 134018.28
151166.97-157451.83 (when overshooting)
5th: 178910.15
These are the points where resistance is likely to be encountered in the future. We need to see if we can break through these points.
We need to see the movement when we touch this section because I think we can create a new trend in the overshooting section.
#BTCUSD 1M
If the major uptrend continues until 2025, it is expected to start by creating a pull back pattern after rising to around 57014.33.
1st: 43833.05
2nd: 32992.55
-----------------
The Secret Of The 3 Step System..I made a mistake by recommending buying Apple stock
its was so quick that it showed up on my screener
and then disappeared.
In order to fight this error I have
decided to only scan for stocks after the market close.
The trap is called a bull trap.
Because it happened during trading hours
My Big Bull Trap Mistake
This mistake is so painful because
I was so confident in my ability to trading
the capital markets.
I felt like I let my followers down.
this is why I always say trading is risky you
will lose money as soon as I noticed this mistake I
cut my losses quickly just like Tim Sykes
usually says to do.
Now look at this chart NYSE:HIMS
below you will see the RSI indicator.
This indicator will help you measure whether
the price of stock is cheap or expensive.
Are you Good At Risk Management?
When you start trading risk management is very much
important for you to master and understand.
Am not perfect with my trades.
But I will try to show you the
best technical analysis tools I use.
But there is one last step that you have to master.
Its called crowd psychology.
Having technical analysis tools is not enough.
this is why you have to invest in a newsletter
or research service that supports your
trading journey.This research that you will
engage with will help you with understanding
crowd psychology and risk management tactics.
The good news is there are a lot of trading experts that
are willing to share their knowledge with
you for a monthly or yearly fee.
You just need to increase your interest.
How To Develop A Trading Strategy
Developing a trading strategy as well
takes time. Yesterday I felt so discouraged
because I chose the path of studying the
capital markets.No one teaches about the
capital markets in school.
And so I felt like I was just wasting my time.
But deep down I believe the capital markets
are a form of production.
That we need in an economy.
In order to master technical analysis
I developed a strategy called
The rocker booster strategy
And it has 3 steps:
Step#1 - The price has to be above the 50 MA
Step#2 - The price has to be above the 200 MA
Step#3 - The price should gap up in an uptrend
if you follow these steps you will learn
trend analysis, technical analysis and
uptrends. If you don't then you can always learn more
Remember to rocket boost this content to learn more.
Disclaimer: Trading is risky you will lose money whether you like it or not
please learn risk management and profit-taking strategies
Wen Alt Szn?BTC.D has just tested the .618 of its December 2020 long term high, December 2020 marked the beginning of the 2021 alt season. Its December 2020 long term high is the .618 from December 2016, December 2016 marked the beginning of the 2017 alt season.
BTC.D's weekly RSI has entered overbought levels while forming bearish divergence similarly to the December 2020 long term high.
Solana Short Setup even in a Bull-run / Risky but we are tradersBINANCE:SOLUSDT
COINBASE:SOLUSD
📈Which side you pick?
Bull or Bear
SL1 ---> Low-risk status: 3x-4x Leverage
SL2 ---> Mid-risk status: 5x-8x Leverage
(If there is just one SL on the chart, I suggest, low risk status)
👾Note: The setup is active but expect the uncertain phase as well. also movement lines drawn to predict future price reactions are relative and approximate.
➡️Entry Area:
Yellow zone
⚡️TP:
172.35
169.89
167.72
164.76
🔴SL:
182.02
🧐The Alternate scenario:
If the price stabilize against the direction of the position, below or above the trigger zone, the setup will be canceled.
$SPY November 1, 2024AMEX:SPY November 1, 2024
15 Minutes.
Gap down did not allow to initiate any short which were closed earlier around 579 levels.
575 supports did not hold and AMEX:SPY continued to make lows.
For the large rise 539.95 to 586.12 4SPY retraced to 38.2 % levels and also 50-day average in daily.
If this is not supported, we can expect 558-=562 levels which is 100 averages.
If we see the daily chart 565 is important to hold.
If this is broken, we have a history where AMEX:SPY went back to 539-540 levels twice from that number.
No trade day today.
How ever for the fall 583.32 to 568.44 a retracement to 578 levels will give a chance to short. Depending on moving averages. At the moment SL is 580 being 200 averages in 15 minutes.
We are having an oscillator divergence at lows near close. So, i expect a retracement.
The point of interest is whether it can create a pull back
(Title) The point of interest is whether it can create a pull back pattern
--------------------------------------
Hello, traders.
If you "Follow", you can always get new information quickly.
Please click "Boost" as well.
Have a nice day today.
-------------------------------------
(BTCUSDT 1D chart)
With this decline, the BW (100) line was created at the 72344.74 point.
Therefore, the key is whether it can rise above 72344.74.
-
The price is passing the StErr Line around 71280.01, and the M-Signal indicator on the 1D chart is passing around 68393.48.
Therefore, if it is supported and rises between the M-Signal and StErr Line on the 1D chart, a short-term pullback will form.
If not, and it falls below the M-Signal indicator on the 1D chart, it is highly likely that it will show a short-term downtrend.
For this reason, as I mentioned yesterday, if it is supported between the M-Signal and 70148.34 on the 1D chart, it is time to buy more.
However, in order to buy more like this, a split sale must have been made before.
-
If not, and you need to buy new,
1. When it is supported around 67414.39-68393.48,
2. When it breaks through 72344.74,
there are two methods above.
The prerequisite for buying new is that the StochRSI indicator is below 50 and shows an upward trend.
If not, and the StochRSI indicator is above 50 or showing a downward trend, it is better not to buy.
----------------------------
(1h chart)
The linear regression channel indicator has set the length to 50, so the channel moves over time.
The channel is showing a change from an uptrend to a downtrend.
-
Back to the main story, the point of observation is whether the price can be maintained by rising above the 5EMA of the 1D chart and whether it can rise above the middle line of the channel.
If it fails to rise, volatility is expected to occur while touching the M-Signal indicator of the 1D chart.
Accordingly, as I mentioned on the 1D chart, we can see that the points 68393.48, 70148.34, and 71280.01 are important support and resistance points.
-
If you bought below 68393.48, you can see that the area around 68393.48 is the last selling point.
-
If the StochRSI indicator is above 50, it is better to find a time to sell, and if the StochRSI indicator is below 50, it is better to find a time to buy.
However, this is only when you are trying to make a new trade.
-
I am currently holding a long position.
And, since I thought it would create a pull back pattern and rise, I gave you an example of additional buying in the idea yesterday.
So, I didn't mention SHORT this time.
I think this SHORT position is likely to end sooner than expected.
USDC is volatile, so it can show a gap down at any time.
However, since USDT is continuously showing a gap uptrend, it can be seen that the coin market is likely to continue its upward trend.
And, because BTC dominance is on the rise.
The rise in BTC dominance also means that funds are concentrated on BTC.
Therefore, when BTC dominance is on the rise, it can be seen that it is more advantageous to trade BTC than altcoins.
If USDT dominance falls below 4.97 and is maintained or shows a downward trend, I think the coin market is likely to start an uptrend.
In order for this uptrend to lead to an altcoin uptrend, BTC dominance must fall below 55.01 and be maintained or show a downward trend.
If not, there is a possibility that it will become a strange uptrend where only BTC rises, so be careful when trading altcoins.
-
Have a good time.
Thank you.
--------------------------------------------------
- Big picture
It is expected that a full-scale uptrend will begin after rising above 29K.
The section expected to be touched in the next bull market is 81K-95K.
#BTCUSD 12M
1st: 44234.54
2nd: 61383.23
3rd: 89126.41
101875.70-106275.10 (overshooting)
4th: 134018.28
151166.97-157451.83 (overshooting)
5th: 178910.15
These are points where resistance is likely to occur in the future.
We need to check if these points can be broken upward.
We need to check the movement when this section is touched because I think a new trend can be created in the overshooting section.
#BTCUSD 1M
If the major uptrend continues until 2025, it is expected to start forming a pull back pattern after rising to around 57014.33.
1st: 43833.05
2nd: 32992.55
-----------------
DOGEUSDT.PTo whom it may concern,
This is DOGE, the biggest #memecoin in #crypto, with leverage up to 75x, so things could get risky. I’m watching the daily timeframe, and my outlook on this chart leans more bearish than bullish.
The blue line is now acting as resistance, and based on price action, the black line could be the next support level to be tested. If the black line holds, it could push the price up toward the top black line.
The volume adds some uncertainty, as steady levels could support a bullish move. 2
If you have any questions, feel free to ask.
This is not financial advice. Stay safe and humble.
Australian ASX 200 SPI futures look good if you're a bearThe picture for Australian ASX 200 SPI futures look good if you're a bear.
We've seen a bearish engulfing candle on Wednesday with follow-through selling today, accompanied by an uptick in volumes. Momentum indicators are providing bearish signals, too.
But it is month-end and the price does find itself sitting on the 50DMA, a level that has been respected consistently apart from a period between June and July this year.
Even though price and momentum signals suggest selling rallies may work better than buying dips in near-term, unless we see a close beneath the 50DMA, going short beforehand comes across as a low probability play given prior interactions with the level.
If the price closes and holds beneath the 50DMA, you could sell with a stop either above it or 8200 for protection. On the downside, 8080 is the first level of note, but to make the trade stack up from a risk-reward perspective, 7860 comes across as a more appropriate target.
Good luck!
DS