Short
BEARISH if 11.5p is lost & closed below - 10.6p BUY entry
RSI very overbought and if t-line is lost at 11.5p we will get back to 10.5-10.7p before the next leg.
Last candle gives a daily bearish sentiment to come so will watch with interest.
Cooling down in the chart will give more strength for a further rise and breaking the 200ma
If we do bounce from 11.5p and hold then you might not see that retrace so keep an eye.
Last candle gives a daily bearish sentiment to come so will watch with interest.
Cooling down in the chart will give more strength for a further rise and breaking the 200ma
If we do bounce from 11.5p and hold then you might not see that retrace so keep an eye.
Trade closed: target reached
over 45% profit
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.