Structural retest seems inevitable
- Broken initial major support.
- Unless we see major reaction seen around this area (whether from fundamentals) it should head lower from technical stand point of view.
- The question is if the market will be able to hold it's structural support. We are waiting for signal.
- Broken initial major support.
- Unless we see major reaction seen around this area (whether from fundamentals) it should head lower from technical stand point of view.
- The question is if the market will be able to hold it's structural support. We are waiting for signal.
Note
Watch this area. If the price is able to hold this area and break out of that dotted line, we could see huge trend reversal
Note
Up we go from here (hopefully)
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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.