So it looks like a chuck of volume has left the market now approaching July so I have shifted a bit up the potential tp3 area of the market.
To me the market is still bearish but due to the lower volume in the market now can expect smaller movements.
We can still make a new low in this market but it can take few days more to happen so to me now the market is looking to target 130 area.
It will become more clear until the end of this week on Friday.
I will be looking to take a break from trading in the next 10 15 days and then we should expect comeback from August.
So from August we can potentially expect new targets as well.
Take it easy for now.
This is just for educational purposes only.
To me the market is still bearish but due to the lower volume in the market now can expect smaller movements.
We can still make a new low in this market but it can take few days more to happen so to me now the market is looking to target 130 area.
It will become more clear until the end of this week on Friday.
I will be looking to take a break from trading in the next 10 15 days and then we should expect comeback from August.
So from August we can potentially expect new targets as well.
Take it easy for now.
This is just for educational purposes only.
Note
When we see price breaking below 130 then we can expect new targets and more trading opportunities for selling potentially
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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.
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.