Hello there,
Price broke the Low at 3213.52 followed by two LHs causing it to drop to 3000.
The support level at 3017.64 will not be able to hold, it is weak.
The bearish pressure that is in 3083.67 should motivate sellers to sell towards 2859.54.
.
Khiwe
On this profile page, the shared analysis, ideas, and also, the strategy of a chart belong to Khiwe with some being influenced. The technical set-ups are speculative, they are not guaranteed for accuracy or completeness in the form of any content; -it is not to advise on financial markets. Please apply your own analysis and confirm it with price action.
Trade closed: target reached