After a large move out of my support breakout idea of 85.40 control we have now reached a 105 top. We have had a pull back and considlation pattern building which still might have more time to compress. Key reistance around 102.50-103. If we can break through this symetrical trinagle or bullish pennat we can launch back to retest this 105 or higher on next rip
Support is 98.50 in looking at this as a contiuation pattern off the first blast bottom we called. This is setting up but could still need another pull back to buy around 98.50
Support is 98.50 in looking at this as a contiuation pattern off the first blast bottom we called. This is setting up but could still need another pull back to buy around 98.50
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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.