1.Very nice ABC point has already done, potential D@123.322 of 0.618AD.
2.D is alos the strong resistance in last period.
3.Considering today's GDP data, to reach this positon is not impossible.
4.RSI will be overbought;
5.MACD gold cross under o axis.
Enrty postion: 123.322
Stop loss @ 124.5+, which I think it is hard to exceed the previous high
target: 0.382AD@120.5, 0.618AD@118.844
2.D is alos the strong resistance in last period.
3.Considering today's GDP data, to reach this positon is not impossible.
4.RSI will be overbought;
5.MACD gold cross under o axis.
Enrty postion: 123.322
Stop loss @ 124.5+, which I think it is hard to exceed the previous high
target: 0.382AD@120.5, 0.618AD@118.844
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Related publications
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.