Outlook - Last week every bounce was followed by another sell off making it had for bulls to
gain any momentum. But Fridays session closed with a strong push to the next HVA and prices
refused to break below 5760 the last 4 hours of the session. On open will look for long entries
above 5775.5 which is the previous weeks close. If 5775.5 rejects will look for 2nd retest and reject to enter short. Lots of news this week so sticking to levels will be important.
Pivot - 5775.5
Upside Targets:
* 5790.5--58119.75--5848.5--5882
Downside Targets:
* 5771.75--5710--5763
= Bullish momentum
gain any momentum. But Fridays session closed with a strong push to the next HVA and prices
refused to break below 5760 the last 4 hours of the session. On open will look for long entries
above 5775.5 which is the previous weeks close. If 5775.5 rejects will look for 2nd retest and reject to enter short. Lots of news this week so sticking to levels will be important.
Pivot - 5775.5
Upside Targets:
* 5790.5--58119.75--5848.5--5882
Downside Targets:
* 5771.75--5710--5763
= Bullish momentum
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.
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.