Next week key level
Updated
May 12th to 18th week was supremely bullish sweeping previous ATH to create a new one. A retracement is required for further momentum upward. OB from CPI stands to seem like a probable zone of bullish continuation.
Comment
When price decides to trade in this zone will scale to 15m/5m for lower TF scalp or entry to long for current weeks highs.
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.