It sure does scare me to see such a well formed chart pattern unfolding before the eyes...
- A rejection from 8900 definitely means a drop to the 7700s support area
- A close above 8900 could mean a retouch of 9000, 9200 and 9500 possibly
Overall i would be careful and not play longs on this for fear of a fake out above.
Regards,
GOL D ROGER
- A rejection from 8900 definitely means a drop to the 7700s support area
- A close above 8900 could mean a retouch of 9000, 9200 and 9500 possibly
Overall i would be careful and not play longs on this for fear of a fake out above.
Regards,
GOL D ROGER
Trade closed: target reached
SHORT take profit reached @ 8427.55ENJOY = )
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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.