Any time now it will decline sharply is my personal opinion. The buying pressure is reducing and the pattern is looking it wishes to topple. Further, we are way overbought, and also in terms of FIB corrective action we will likely see 125.04 in the coming weeks ahead, and short-term 127.49 as first stop.
Strategy unchanged, SELL current 130.00-130.40 and add further sells @ 131.40 and above when seen. Existing positions only add 131.40 and above as a guide.
Please note, these are my personal views, and I hope you do your own study ad based it on what you believe, and make sure sound money management.
Profit order @ 127.65 for and re-sell on corrections upwards.
My side my orders are:
35% @ 128.35
30% @ 127.17
balance @ 125.67 for now.
Strategy unchanged, SELL current 130.00-130.40 and add further sells @ 131.40 and above when seen. Existing positions only add 131.40 and above as a guide.
Please note, these are my personal views, and I hope you do your own study ad based it on what you believe, and make sure sound money management.
Profit order @ 127.65 for and re-sell on corrections upwards.
My side my orders are:
35% @ 128.35
30% @ 127.17
balance @ 125.67 for now.
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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.