We are in a triangle formation and the base is $ 95. The resistance is $ 106.50 rounded.
Based on stochastic and MACD we are negative and I feel we have a great chance to see lower levels and to test $ 95.
For now SELL current 103.00-104.00 but place stop-loss at 107.50 for now to be on safe side.
Profit order @ 95 and on break re-sell and place stop-loss 98.75.
Based on stochastic and MACD we are negative and I feel we have a great chance to see lower levels and to test $ 95.
For now SELL current 103.00-104.00 but place stop-loss at 107.50 for now to be on safe side.
Profit order @ 95 and on break re-sell and place stop-loss 98.75.
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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.