No change in view.
I am inclined to add to the existing short @ 129.40 around 129.75. Further I will increase SELL @ 130.50-130.70 for now.
The overall view is to correct back to 125.57 coming weeks. we are still quite overbought and on the monthly chart this is even more severe and we need at least a move back below 122.50 to reduce the pressure.
I am inclined to add to the existing short @ 129.40 around 129.75. Further I will increase SELL @ 130.50-130.70 for now.
The overall view is to correct back to 125.57 coming weeks. we are still quite overbought and on the monthly chart this is even more severe and we need at least a move back below 122.50 to reduce the pressure.
Note
I added small SELL @ 129.71 on order done...
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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.