My last TA was on point at the top. However, the initial target isn't met yet. As we broke the weekly trend already, I expect a kind of a pullback to the supply (re-distribution area) and then back down.
Acceptance above the supply area would invalidate the idea. For now, I expect a little relief bounce to that area from here of from lower down before the next level gets revisited.
Acceptance above the supply area would invalidate the idea. For now, I expect a little relief bounce to that area from here of from lower down before the next level gets revisited.
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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.