Broke support, below the 2011 low now... Possible rebound between 117.45 and 104.56. Beyond that we have the next abvious support at the 2008-2009 level...
Note
Interesting PA here..., we didn't close below the 2011 level..., weekly pinbar with very high volume...We may go up again, in which case 200-205 seems like a good target to me...
I will be interested to see next week's candle...
Note
Check this out, two ideas of mine were featured in an episode with TipTV this week:blog.tradingview.com/?p=1899
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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.