Ok this is just an idea, a big maybe based on what I see, and what I see is a montly resistance over there (RED LINE) which I seriously doubt that could be overpassed but... who knows, right?
Let's just see what happen but I'm expecting a bounce here, other way to say it is: the sentiment is bearish.
Let's just see what happen but I'm expecting a bounce here, other way to say it is: the sentiment is bearish.
Note
That0s a very good 260 pips descent.I'm expecting a re-test of the previous resistance.
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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.