I don't believe we are going to rally out of this resistance this late in the date. I expect Market Makers are looking for orders to disperse to drive price back down through support. We need more momentum to break it. I've doubled down on my trade 2x and these are my projected targets.
A small push back to 110.50 is also acceptable should they decide to take it up. This would leave us tweezer bottoms on the daily.
A small push back to 110.50 is also acceptable should they decide to take it up. This would leave us tweezer bottoms on the daily.
Note
A loser
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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.