Expecting a hold of the 58.7-58.50 areas. for a test back to the target areas marked in dashed lines as a primary scenario. secondary scenario - Break below that expect to test the downside target areas. blue dashed lines- ( Long term references) Red Dashed lines ( Short term references)
Note
SCENARIO 2 IN PLAY. potential destinations 57.85, 57.30
Note
There we have it, boom a nice hold in the resistance areas( remember support turning into resistances) and then finally bulls giving away.
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.
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.