Congratz those reference our call out last week from 1433 BUY till 1508 homerun with more than 700pips gain
With the recently booming rocket price like 'no sky is the limit' ever since 1200 1300 1400 then ultimate 1500 price
Making that obvious resistant region is near to undetectable
However bullish price action seems slowing down for now with last Friday and Thursday daily candle close
Price need to first close below 1490 to confirm further downside
With 1508 holding as resistant now
*Setup will be invalidated if price closes above previous resistant/with todays strong hammer close
Support (TP point) looking at near
1480
1460
1430
Also Buyers point to re-entry
Traders/Investors are always advised to DYODD Do Your Own Due Diligence on our following analysis outlook.
These are NOT trade BUY/SELL/HODL call out, but outlook to align my view of the market to your own trade analysis.
These are merely based on our TA Technical Analysis , FA Fundamental Analysis and SA Strategy Analysis.
We want everyone here to have a higher chance of making profit and minimize losses.