Potential Reverse MEDIUM TERM
After being rejected from MA50(M)
I think it will raise to the 74,5
where MA50(4H) and MA100(4H) will act as strong resistance
before continuing to drop to the MA50(W)
.
.
That's why I will SHORT from that level
.
.
TP 1 at 73 area
TP 2 at 70 area
.
.
Personal point of view
I think it will raise to the 74,5
where MA50(4H) and MA100(4H) will act as strong resistance
before continuing to drop to the MA50(W)
.
.
That's why I will SHORT from that level
.
.
TP 1 at 73 area
TP 2 at 70 area
.
.
Personal point of view
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.
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.