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First, we must know that it is currently in a downward trend. The price fell from 1965 to 1850, and the highest rebound price was 1899. Then the price began to rebound again after the price fell from 1899 to 1764 again. The current highest price is 1896. I think, This will be the last confirmation of the pressure of 1900
First, we must know that it is currently in a downward trend. The price fell from 1965 to 1850, and the highest rebound price was 1899. Then the price began to rebound again after the price fell from 1899 to 1764 again. The current highest price is 1896. I think, This will be the last confirmation of the pressure of 1900
Note
We can see that after the rebound of the highest price of 1896, the bulls lost their momentum and finally locked the price below 1888.
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The price 1899, although it is very close, you will never get itNote
Note
Note
Of course, the last possibility is not ruled out, and it is also the thing that short sellers are most unwilling to see, that is, under the current weekly bullish situation, it may take a 5-0 bullish pattern. What is the probability? It depends on whether the 1920 line can be suppressed, so I said 1900 is very important
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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.