As I said last weeks...exactly as I said, EJ closed above 129700 and has already made 70 pips!
Even if EJ will test the 130,600 area again, I will continue to bet on SELL because the 1-month candle closed under a very strong resistance from 130,100.

THIS WEEK...EJ makes a dangerous range in this area! Even if I still bet on SELL because on the 1 month chart EJ is overbought and formed W but only up to area 128700-128200 where I think EJ will force the climb back to 132,600 which is the Fibonacci level 786!
however ... a close even for 4 hours over 130,700 will force me to think of BUY at least 200 pips!

Please, give a LIKE if you find this idea useful!

GREAT ATTENTION:
Our analyzes have an accuracy of over 91% but due to market manipulations during this period we will avoid putting exact values on SL!
We also recommend avoiding short-term trades during this period because news can appear at any time that can destabilize the market.
*This information is not a Financial Advice.

Disclaimer

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.