Why do I expect price to move below 247 USD?
Firstly, let's look at the chart.
What can you can read from the chart?
What do I expect will happen based on my readings?
Price is currently below local PoC. The structure is very poor. I believe price will move below 247 USD.
Firstly, let's look at the chart.
What can you can read from the chart?
- Price has created lower high.
- Price is below local PoC.
- Weak higher low
What do I expect will happen based on my readings?
Price is currently below local PoC. The structure is very poor. I believe price will move below 247 USD.
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.