Hello Everyone,
After a great sell yesterday, we have reached a buyers zone where there's strong support area. It is also a area that can create a triple bottom on the daily.
If the price is respected in this area then we can see the buyers come right back in pushing prices back to previous high of around 16600. If price breaks the previous high then we can expect new highs to 17000-17400
After a great sell yesterday, we have reached a buyers zone where there's strong support area. It is also a area that can create a triple bottom on the daily.
If the price is respected in this area then we can see the buyers come right back in pushing prices back to previous high of around 16600. If price breaks the previous high then we can expect new highs to 17000-17400