Price did not play as analyzed last week. Right now, we see price showing a strong bearish impulse. However, this is not a confirmation to enter short. As price is showing a strong bullish momentum, it is risky to catch the top. Currently there is still buy-side liquidity at 458.48, and price can still continue higher to take it before going lower to mitigate the bullish POI at 375.87.
Related publications
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.
Related publications
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.