28. again & 25.26 if
Since demand is still showing presence, and could see more decrease, I would expect another test of the 29.-29.4 area first, where there could be a nice place to look for a sell entry on light demand with a tight stop loss upside the 30. area. And a break under 28. on heavy supply would be a good confirmation that we are indeed moving to around the 26. area and lower on heavy maintained supply volume.
Would not consider any long term buy position unless we break upside 30. on SOS.
Daily
29.5 area has been showing a serious selling interest that show power, since demand volume has been applying to much pressure on the area, without any results, on today’s formation and the one of yesterday.
Weekly
Monthly
Would not consider any long term buy position unless we break upside 30. on SOS.
Daily
29.5 area has been showing a serious selling interest that show power, since demand volume has been applying to much pressure on the area, without any results, on today’s formation and the one of yesterday.
Weekly
Monthly
Trade closed manually
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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.
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.