simple pathway down
Today I am seeing a strong barrier around 413.95, on the shorter time frames we see a direct rejection at this level,
Price action is weakened today as well a secondary indication of a good short entry. Above 413.90 we are bullish so expect a new high / a double top. Direct rejection at these levels can bring us down to 405 area, specifically below 410 . Goodluck traders, as always this is just my current opinion market volatility is high which can lead to large losses! Careful out there!
Price action is weakened today as well a secondary indication of a good short entry. Above 413.90 we are bullish so expect a new high / a double top. Direct rejection at these levels can bring us down to 405 area, specifically below 410 . Goodluck traders, as always this is just my current opinion market volatility is high which can lead to large losses! Careful out there!
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