Last Daily candle closed bullish so we will likely see another push up towards the marked levels to either form a H&S formation or a double top. From there I see a sell off towards the outer trendline
Last week closed with a shooting star so it shows that the bulls already are starting to get tired but still i see some upwards momentum especially if you look at the dollar index which shows some weakness at the moment
Last week closed with a shooting star so it shows that the bulls already are starting to get tired but still i see some upwards momentum especially if you look at the dollar index which shows some weakness at the moment
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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.