Possible bullish scenario for next weeks
This is idea could only be validated by the news of peace agreement between Russia and Ukraine.
If it happens we could see some temporary bullish sentiment, supported by temporary lower inflation (lower crude prices).
I will pay attention to the possible formation of a cypher patttern that could confirm the continuation of the downtrend.
If it happens we could see some temporary bullish sentiment, supported by temporary lower inflation (lower crude prices).
I will pay attention to the possible formation of a cypher patttern that could confirm the continuation of the downtrend.
Note
An ABCD pattern is also completed, lets see if can find any sign of reversal todayNote
Trade closed manually
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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.