Entering high pressure region.
Potential retracement to 6900 region as we continue upward in the channel.
Significant overbought period wont last much longer.
Extremely charged for upward or downward motion.
If we make it through this region going sideways we will most likely jump up above the yellow region.
Potential retracement to 6900 region as we continue upward in the channel.
Significant overbought period wont last much longer.
Extremely charged for upward or downward motion.
If we make it through this region going sideways we will most likely jump up above the yellow region.
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Related publications
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.