As you can see here, last 3 reversal points formed lower high on daily chart.
I'm waiting to see what will be the price reaction on 4431.73 level,
If on 4H I will have a confirmation that trend will continue,
I am expecting to see the price even lower
4312.80 is my main level and support and also an important level that could be a reversal point.
Also we have an important week ahead
September 19 2023 - Building Permits
September 20 - Fed Interest Rate Decision / FOMC
BoE / BoJ Interest Rate Decision this week also
I'm waiting to see what will be the price reaction on 4431.73 level,
If on 4H I will have a confirmation that trend will continue,
I am expecting to see the price even lower
4312.80 is my main level and support and also an important level that could be a reversal point.
Also we have an important week ahead
September 19 2023 - Building Permits
September 20 - Fed Interest Rate Decision / FOMC
BoE / BoJ Interest Rate Decision this week also
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.