CPR is wide -> Expect a sideways market ranging between H2 and S1.
CPR and H3 are forming a strong resistance. If broken, expect bullish movement.
S1 is a strong support. If not broken, expect a bounce back. If broken, expect more downwards movement.
Disclaimer: The indicators, strategies, columns, articles and all other features discussed here are for educational purposes only and should not be construed as investment and/or trading advice/tips.
CPR and H3 are forming a strong resistance. If broken, expect bullish movement.
S1 is a strong support. If not broken, expect a bounce back. If broken, expect more downwards movement.
Disclaimer: The indicators, strategies, columns, articles and all other features discussed here are for educational purposes only and should not be construed as investment and/or trading advice/tips.
Comment:
S1 not breached in two weeks.