- Price made a huge imbalance after rising with an impulsive strong movement from 1620.0 demand zone. - Also we can observe that price broke the last to highs at (1730.0 - 1760.0). - On a lower timeframe price started to make an ascending corrective channel. - We may have a strong bearish movement from 1800.0 to 1700.0 to catch +1000 pips.
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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.