Monthly Chart :

The price broke down the MUT (Major Upper Trendline) what lasted for 10 YEARS :

Moreover, The Price found Resistance on that MUT, and on the old Resistance Area between 186-192.
Note the Weekly Chat :

When you move into Daily Resolution, we can see clearly how the Buyers Failed to hold the Price above the MUT, and therefore, showing weakness :

Shorts can be launched at the current trading zone. But we have to calculate the risk in relation to the coming week open
The Main Profit Taking Target is - 143
The price broke down the MUT (Major Upper Trendline) what lasted for 10 YEARS :
Moreover, The Price found Resistance on that MUT, and on the old Resistance Area between 186-192.
Note the Weekly Chat :
When you move into Daily Resolution, we can see clearly how the Buyers Failed to hold the Price above the MUT, and therefore, showing weakness :
Shorts can be launched at the current trading zone. But we have to calculate the risk in relation to the coming week open
The Main Profit Taking Target is - 143
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.
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.