Short: Weak candles show up in the later week. 25,000 level seem to be resisting well. You can take small shorts to see if you can build short positions. But keep in mind, we are still in bullish trend under W1. (45%)
Long: We had a bullish movement in the early week but get slowed in the later week. So, be cautiously bullish on the long side. (55%)
Weekly Bias Summary: Bullish. We are in a healthy UP trend. So if you are taking any shorting position, do make sure you are watching your positions closely. Powell is to appear again on early Thursday.
Long: We had a bullish movement in the early week but get slowed in the later week. So, be cautiously bullish on the long side. (55%)
Weekly Bias Summary: Bullish. We are in a healthy UP trend. So if you are taking any shorting position, do make sure you are watching your positions closely. Powell is to appear again on early Thursday.
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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.
Telegram: t.me/sonictraders
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.