The market is testing the 0.618RET of previous drop in the weekly chart.
Meanwhile the neckline of previous top also works at this zone.
So it is good to sell at 115.5 levels when price action gives the signal in the PRZ.
SL:above 117.4
TP1:110
TP2:105 and further more
If the market break out this level,121 level will be seen in the future.
Meanwhile the neckline of previous top also works at this zone.
So it is good to sell at 115.5 levels when price action gives the signal in the PRZ.
SL:above 117.4
TP1:110
TP2:105 and further more
If the market break out this level,121 level will be seen in the future.
Note
perfect. All targets hit.
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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.