The close of May 9th is a resistance, however a weak. Another indicator is the mid June window which has been repeated today. If this points cannot be overcome soon we may see a downward retracement. Another item is the old Fibonacci mark of the rise from March 2020 until November 2021. The 38,2 % level has been reached from the downside again now.
All together this pivots are either void or weak ones. But all together they may be of importance.
All together this pivots are either void or weak ones. But all together they may be of importance.
Trade closed: stop reached
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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.