A confluence of supports in the 5000 area
Different analysis tools find support zones at 5000 ... 4700. They are marked with an ellipse.
The pessimistic scenario for this stage is the bottom at the 4000.
The pessimistic scenario for this stage is the bottom at the 4000.
Note
Similar bottom on EURUSD. Very similar :)Note
Signs of direction change:
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.