Price looks like it is going to make double bottom formation from where we can long till 39.8-40.1, but this is a temporary and short term move, expecting it to occur today or max by tomorrow. The main trend is short on Daily & Weekly time frames and target towards south looks like: 38, 37, 36, 35 on long term basis.
Note
Structure respected my idea and its complete. After monthly closing step by step downward trajectory will be initiated.
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.