Weekly pivot
Guys, IT'S A TRAP! Buy now. The price seems to reject the weekly pivot. Still we have the open price avobe weekly Central Pivot Range, so what we see now is a simple trap to panic the buyers.
This is my opinion, trade on your own risk.
This is my opinion, trade on your own risk.
Note
Like I said, the price reject the weekly pivot. We must see if the 4h candle will close above 602$. If it will be close above that price, we will see the price at 640 (weekly resistance). If the price will break that resistance, price will be at 700$+.We'll see what the price will do.
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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.