On the daily timeframe, prices are falling following a strong rejection of fresh supply. Currently, prices are in the middle of the range. However, given the lack of strong rejection from demand, this indicates that buyers have not yet taken control of the market. Following the trend is the most logical option.
Order cancelled
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.
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.