I am seeing a lot of long calls. I just wanted to revisit a short call.
We have a new test of the 1.13 level. This is the >>> third <<< time. Levels usually don't hold on count attempt three.
Examine the Renko chart. The first bounce was August 14th. This is the third attempt and the second since Oct 31.
This level should weaken and be broken through. If there is a bounce, it would end up being a short bounce to 1.134 range before turning back down and breaking 1.13
1.1286 is the new top and 1.11 is the new bottom
This level is a repeat of the June 2017 levels.
We have a new test of the 1.13 level. This is the >>> third <<< time. Levels usually don't hold on count attempt three.
Examine the Renko chart. The first bounce was August 14th. This is the third attempt and the second since Oct 31.
This level should weaken and be broken through. If there is a bounce, it would end up being a short bounce to 1.134 range before turning back down and breaking 1.13
1.1286 is the new top and 1.11 is the new bottom
This level is a repeat of the June 2017 levels.
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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.