After breaching recent high(11th May), price struggle with April high. In fact, there are signs of weakness throughout the week. And on Fri, Bears finally looks like it may have partially won the battle with a lower range daily closed. I will sell the pull back with a view of a daily closed below Tues low to confirmed Bears are in control.
DISCLAIMER: Any opinions, analyses discussed in this presentation are just my personal opinion and do not constitute investment advice. I do not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
PRICE ACTION only tell half the story. The other key half is VOLUME. For VOLUME drive price.
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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.