1. Daily Supply Zone that broke a strong weekly trend line @141.00 handle.
2. Golden ratio (61.8%) potential bounce from strong resistance @ 141.00 handle.
3. RSI in extreme over bought levels.
4. Potential pull back to Daily trend line 3rd bounce or break.
5. Potential pullback to key support/resistance level @ 137.00 handle.
Waiting for bearish candlestick patterns on smaller timeframes at 141.00 level i.e double top, bearish engulfing, ect.
2. Golden ratio (61.8%) potential bounce from strong resistance @ 141.00 handle.
3. RSI in extreme over bought levels.
4. Potential pull back to Daily trend line 3rd bounce or break.
5. Potential pullback to key support/resistance level @ 137.00 handle.
Waiting for bearish candlestick patterns on smaller timeframes at 141.00 level i.e double top, bearish engulfing, ect.
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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.