Hi everyone so we have another spike of the market today which most probably has to do with corrections with RSI reaching extremes already.
To me this market is withing the supply zone which can be selling off very soon as sell price can be 134 to 135. We have to see some exhaustion tonight before market closes as well.
I have drawn with yellow brush how It may play out with a potential H&S coming to play with left shoulder elevated.
Let's see how it goes.
This is only for educational purposes only.
To me this market is withing the supply zone which can be selling off very soon as sell price can be 134 to 135. We have to see some exhaustion tonight before market closes as well.
I have drawn with yellow brush how It may play out with a potential H&S coming to play with left shoulder elevated.
Let's see how it goes.
This is only for educational purposes only.
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.
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.