If 64.25 breaks, it will open door for low 63s. If wedge breaks to the upside, we may see 65.20-50, which will be good opp to short again. GLTA
Note
Quick update, there is small resistance aournd 63.66 area, from there we might see a bounce to backtest broken resistance @64.25. Will watch and add to my short on any sign of further weakness.Note
Covered few short @63.77 and reshorted @64.55. However in one of my scenarios, we may see 65.50s again. I will be ready to add bigly to my shorts there.
John Florence
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.
John Florence
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.