Previous target level / area was achieved.
This weeks plan:
Expecting the base of last weeks LO's to hold and make moves upwards towards the area between 144.10 and 144.50. All depending on if 143.00 or higher can act as support.
With the momentum needed for this move up, there may even be enough to reach the 146.00 level (Bonus).
Million Dollar Tip: If you're wondering why 143.00 didn't hold the first time and what makes it possible now? Price usually oscillates around certain levels before it shows you what it's going to do next.
This weeks plan:
Expecting the base of last weeks LO's to hold and make moves upwards towards the area between 144.10 and 144.50. All depending on if 143.00 or higher can act as support.
With the momentum needed for this move up, there may even be enough to reach the 146.00 level (Bonus).
Million Dollar Tip: If you're wondering why 143.00 didn't hold the first time and what makes it possible now? Price usually oscillates around certain levels before it shows you what it's going to do next.
Note
Price couldn't hold above 143.00, but has in fact proved as a pivotal area for declining prices today. We'll see if it oscillates again up and over that level once more.
Note
Looking at a BUY entry 141.75/80 area, back to 143.00. Then to see if it can hold over 143 before looking at target levels suggested in the chart.
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.