We have an impulse to the upside, retracing here should be good.
We also have an overextended W formation on a weekly TF, another reason for shorting. On a weekly timeframe, we have a confluence of support on 0.382 fib + neckline. Thats the main target.
My order on 46.2 got filled. (Lucky)
We also have an overextended W formation on a weekly TF, another reason for shorting. On a weekly timeframe, we have a confluence of support on 0.382 fib + neckline. Thats the main target.
My order on 46.2 got filled. (Lucky)
Note
Partially closed on 45.45SL now in slight profit.
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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.