FBBackground signs of weakness detacted. With renewed demand to be testing 220-225 level.
Shall see if the level holds. Looking for
1) No demand bar
2) High volume buying climax bar at those level
If not potential short setup might be ripe.
Note
We are looking at 218 level tested with close in the middle and high volume. Possible selling into the rally. sign of weakness.
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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.