Price is at support, retesting the descending wedge breakout. Look for a higher low at 123 for a move higher. Longs invalidated on a daily close below 121.72.
For entry, timing will be crucial. Watch out how London and NY reacts. Best to add small positions and build up over the next 48 hours.
For entry, timing will be crucial. Watch out how London and NY reacts. Best to add small positions and build up over the next 48 hours.
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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.
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.