For now I feel we have reached the first move lower, but am noting that a clear break of $ 104.50 area will invite $ 90-95 short-term.
The topping formation is well define, and we have corrected nicely from $ 128 highs.
Strategy is BUY $ current $ 105.50-106.00 and place stop-loss $ 102 and buy again $ 95-97 when seen. Profit order $ 120-125 for now.
The topping formation is well define, and we have corrected nicely from $ 128 highs.
Strategy is BUY $ current $ 105.50-106.00 and place stop-loss $ 102 and buy again $ 95-97 when seen. Profit order $ 120-125 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.