We may derive the following from the Weekly AGL chart:
1. Price has fallen as previously analysed (See linked idea).
2. Some profit can be taken.
3. A bid is most likely to occur at the support line (pink) - however a breakdown wouldn't surprise me.
4. Keep holding.
5. As always - maintain your risk.
Note: The views provided herein do not constitute financial advice.
1. Price has fallen as previously analysed (See linked idea).
2. Some profit can be taken.
3. A bid is most likely to occur at the support line (pink) - however a breakdown wouldn't surprise me.
4. Keep holding.
5. As always - maintain your risk.
Note: The views provided herein do not constitute financial advice.
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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.