We have moved even lower than my suggested BUY level 131.60-131.90, but it does not change view.
Markets always seems to over do itself, and I feel adding to the position may make sense since RSI is below 20.0 4-hourly chart now. Adding equally @ 130.80 area would bring the average to around 131.20-131.30. We place the profit objective little lower as well, let's say 133.17 for now.
Markets always seems to over do itself, and I feel adding to the position may make sense since RSI is below 20.0 4-hourly chart now. Adding equally @ 130.80 area would bring the average to around 131.20-131.30. We place the profit objective little lower as well, let's say 133.17 for now.
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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.