The current up move looks like a pullback. Investors/positional traders can see this as an opportunity to exit.
Even a move upto 115 must be seen as a pullback and not trend reversal.
Further downside expected in days to come.
Even a move upto 115 must be seen as a pullback and not trend reversal.
Further downside expected in days to come.
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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.