Current levels are approaching to a multiple potential, and one very big, resistance area. Also move stochastic over these levels are rare. Closing over 147.50 on weekly is not seen since before April moves. But not discounting possibility of this move going over 148.00.
I'm operating with value areas above 147.80 for a short. Stops are well above 149.20. Targeting a pull back 142.80 area.
I'm operating with value areas above 147.80 for a short. Stops are well above 149.20. Targeting a pull back 142.80 area.
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.
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.