- Strong downtrend got rejected at ~109.00.
- After pulling back to MAs, downtrend resumed but still failed
~109.00.
- Stuck in range between 109.00-109.80, showing more rejection
to the downside.
- And then there is that long wick that crossed 108.50 just to
shoot back up (NK's missile test news).
- Price now trading above 110.00.
- MAs have crossed.
- Look to buy pullback, S/R area retest, at ~110.00
- After pulling back to MAs, downtrend resumed but still failed
~109.00.
- Stuck in range between 109.00-109.80, showing more rejection
to the downside.
- And then there is that long wick that crossed 108.50 just to
shoot back up (NK's missile test news).
- Price now trading above 110.00.
- MAs have crossed.
- Look to buy pullback, S/R area retest, at ~110.00
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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.