Price is currently buying in a uptrend channel from support level @79.450
I am expecting area retest consolidation area 80.000 and potentially break this level continue to buy to resistance area @80.500
If price does continue to consolidation area, a break and a retest will be my entry
BUT, there is a chance price may test the 80.000 level and reverse for a sell back to support area or make a new low
I am expecting area retest consolidation area 80.000 and potentially break this level continue to buy to resistance area @80.500
If price does continue to consolidation area, a break and a retest will be my entry
BUT, there is a chance price may test the 80.000 level and reverse for a sell back to support area or make a new low
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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.