I saw a strong resistance line that price reacted to. It reversed 4 times, and this 4th time is definitely going to be the next bearish reversal move.
First TP used to be a resistance line, now it broke out of it. Chances are, once price reaches that level, it will bounce back, so that's my first TP.
Second TP is actually this week's close. Price, on a weekly basis, usually reacts one way or another to that close.
And that's all I got, good bye.
First TP used to be a resistance line, now it broke out of it. Chances are, once price reaches that level, it will bounce back, so that's my first TP.
Second TP is actually this week's close. Price, on a weekly basis, usually reacts one way or another to that close.
And that's all I got, good bye.