Price is likely to retest 147 in the next few hours.
Followed by a correction to 170-184.
Good entry point for a short with SL at 196
Following targets/long entry would be first 98 and the next supports are found at 79 and 51.
If this correction is more sideway (less likely scenario) 79 would be the final target.
EW count on this chart does not apply to my alternative targets.
Followed by a correction to 170-184.
Good entry point for a short with SL at 196
Following targets/long entry would be first 98 and the next supports are found at 79 and 51.
If this correction is more sideway (less likely scenario) 79 would be the final target.
EW count on this chart does not apply to my alternative targets.