But we got some sickening resistance above.
Possible cup n handle forming which would find resistance on the breaker/OB marked out. If it bounces, looking for a long to at least 6900. If it falls through the OB, next support is a fair fall down.
Possible cup n handle forming which would find resistance on the breaker/OB marked out. If it bounces, looking for a long to at least 6900. If it falls through the OB, next support is a fair fall down.
Note
Bounce not as strong as I’d have liked considering previous price action. Watch out for a fall through the OB
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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.