So what happened last month is that the market did a big correction to the upside as we closed previous month candle with a big wick.
We do have a double top now.
We can expect the market to retrace to 134 and test short term support.
A break below 134 can send the market down to 128 130 area.
This is only for educational purposes only.
We do have a double top now.
We can expect the market to retrace to 134 and test short term support.
A break below 134 can send the market down to 128 130 area.
This is only for educational purposes only.
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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.