Price previously formed a Doji candle after that bearish pin bar, & was ranging for 5 days. A strong breakout engulfing candle cleared the bottom of the doji, & today retested it as resistance, this new daily open could test the retest zone once more & we could see price decline once again down into the next major support region at 161.250
Note
Note
Note
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.