I see 2 potential moves to the downside.
From a good resistance at $240 moving down to the $226/227 area where there is a weaker support.
From that movement on I believe that it will either move up to retest previous resistance and if it fails. t will move towards the $214/216 area in order to reach the order block.
This week will be one interesting and very volatile for sure.
From a good resistance at $240 moving down to the $226/227 area where there is a weaker support.
From that movement on I believe that it will either move up to retest previous resistance and if it fails. t will move towards the $214/216 area in order to reach the order block.
This week will be one interesting and very volatile for sure.
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.
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.