red arrow should be more of an S/R area not exact price level
on the weekly there is a HnS in the making almost complete right shoulder
all short bets are off when de black tl is broken to the upside
this is a weekly chart so progress will not show very fast ;-)))
on the weekly there is a HnS in the making almost complete right shoulder
all short bets are off when de black tl is broken to the upside
this is a weekly chart so progress will not show very fast ;-)))
Note
on the daily there are nice wicks forming at the moment
target would be below 1.49
Note
shorts at 1.57185
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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.