We didn't get the reversal last time, lets see if this reversal will paint.
Reversal is a Diamond im anticipating with 2 targets, with a 3rd much lower depending on market conditions.
Seeing that Japan intervenes with first support since 1998, this pullback could play out.
On another note.... GBP possible bottom and could see UK market rally - if U.S falls.
Then, the next biggest financial district in the world is London which could also support this rally... lets see how EOM goes.
Reversal is a Diamond im anticipating with 2 targets, with a 3rd much lower depending on market conditions.
Seeing that Japan intervenes with first support since 1998, this pullback could play out.
On another note.... GBP possible bottom and could see UK market rally - if U.S falls.
Then, the next biggest financial district in the world is London which could also support this rally... lets see how EOM goes.
Note
$151.9 (based on this chart) is next major resistance if local high is broken
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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.