Bear divergence on high time frames. If it closes monthly candle as Hammer, then i would be selling into any pumps.
Not a good outlook for this market in the UK and Europe atm. Based on the events in Ukraine & Russia (God rest ones soul) could we see this sector spill further now things are ramping up on a much more aggressive note.
My personal Target as shown based on a confluence zone of Support & Fib retracement.
Not a good outlook for this market in the UK and Europe atm. Based on the events in Ukraine & Russia (God rest ones soul) could we see this sector spill further now things are ramping up on a much more aggressive note.
My personal Target as shown based on a confluence zone of Support & Fib retracement.
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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.