It is pretty high to get in now , considering it has reached the resistance/peak level at 175.48 level.
The current pin bar is a sign of weakness in buying and I expect some correction ahead. If it retrace to the 175.48 level with bullish signals, I may consider nibbling.
The current pin bar is a sign of weakness in buying and I expect some correction ahead. If it retrace to the 175.48 level with bullish signals, I may consider nibbling.
Note
super nice ! let's see if it stays above the 175.48 with a bullish candle.Note
Ah... it closed below 170. 33, so I will wait some more.....
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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.