Price abruptly started weekly consolidation after failing the bull flag.
I expect the price to continue bouncing until we find a daily lower high.
For the bounce to start, surpassing the previous day high at 5,487 is a must.
Can we hold the last week low at 5,386? otherwise weekly consolidation will continue.
I expect the price to continue bouncing until we find a daily lower high.
For the bounce to start, surpassing the previous day high at 5,487 is a must.
Can we hold the last week low at 5,386? otherwise weekly consolidation will continue.
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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.