After jumping off the cliff last week, the price is now building momentum to keep rising back. We are now patiently waiting for the market to break and re-test the local zone of resistance. After the completion of the simple break+retest, we will be opening BUY positions and aiming for the area identified on the setup.
Happy trading, TradingView community!
Happy trading, TradingView community!
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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.
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.