AS I anticipated before pullback is almost done, in this level I personally don't trade until price give me confirmation, firstly it can move downward to next support level due to the weakness of trend and divergence in RSI which can be clearly seen... secondly it can fluctuating between support and resistance and consolidating then move upward... keep that in mind that for get long position you need to have close above resistance level..
Finally, please be aware of timeframe, this trendlines and levels are for weekly timeframe and it is not for day trading
Finally, please be aware of timeframe, this trendlines and levels are for weekly timeframe and it is not for day trading
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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.