As you can see from chart, it is soon retesting the resistance level at 327.79 soon. I expect a pull back of some sort as a healthy correction before it goes up higher.
So, shortist can get ready your ammunition. Buyers, I think it is already too high to come in to buy now unless you want a quick trade.
So, shortist can get ready your ammunition. Buyers, I think it is already too high to come in to buy now unless you want a quick trade.
Note
watch the price action tonight as it has a bearish engulfing candle near the bullish trend line.Note
cnbc.com/2020/05/22/asia-markets-us-china-tensions-coronavirus-currencies-in-focus.htmlThe whole Asia Pac market is down with HSI hit pretty bad with more than 1355 points down.
Note
Will it break out or down ?Note
praise Lord. God did not disappoint on my prayers. It has now breakout of the resistance and is moving higher.
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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.