Bullish and bearish possibilities, but I'm a Buyer for a swing trade either way. Confluence of fibs and other clues should provide direction in the next few weeks, or sooner.
Near Term Bearish possibility: if price breaks $95.21 local low, confluence of support at $76-$78, and gap fill. Seasonality and possible Bearish Gartley formation support lower print before higher.
Near Term Bullish possibility: Should $95.21 low hold, a measured move prints around $181, which is also a 1.62 extension of the move up from $73 to $141, and a retest of Apr 2023 broken market structure.
Near Term Bearish possibility: if price breaks $95.21 local low, confluence of support at $76-$78, and gap fill. Seasonality and possible Bearish Gartley formation support lower print before higher.
Near Term Bullish possibility: Should $95.21 low hold, a measured move prints around $181, which is also a 1.62 extension of the move up from $73 to $141, and a retest of Apr 2023 broken market structure.
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Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.