We are at a very important weekly support level . Let's see how this and the next week will be shaping up things for my man JB. Initials made me pour my Scotch, and watch the world fall.
We are already under a cloudy weather weekly. Which signals investors to be alarmed. 100 EMA under the support channel would be a spot to pullback to the channel if it breaks down. Let's assume more scenarios if the support gets broken.
Stay Safe, Invest Responsibly.
https://www.tradingview.com/x/T1UmAC5W/
We are already under a cloudy weather weekly. Which signals investors to be alarmed. 100 EMA under the support channel would be a spot to pullback to the channel if it breaks down. Let's assume more scenarios if the support gets broken.
Stay Safe, Invest Responsibly.
https://www.tradingview.com/x/T1UmAC5W/
Trade active
That was a warning... The next strong support is around 2550. I hope he would not crash his bald head on the pavement
Note
A nice and clean pull back. If price could break in to the channel again and go up further, above the green cloud, my TA will be invalidated. 
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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.