WARNING!
Price hit the C point (of a possible ABC) at significant Support.
Will price bounce back from here in UP direction? Wait and see. Oil is also at significant Resistance, difficult to proceed higher. Personally I won't do anything at this point on Friday. I will wait for strong thrust at micro levels next week, before jumping in on the long side. Good trading
Price hit the C point (of a possible ABC) at significant Support.
Will price bounce back from here in UP direction? Wait and see. Oil is also at significant Resistance, difficult to proceed higher. Personally I won't do anything at this point on Friday. I will wait for strong thrust at micro levels next week, before jumping in on the long side. Good trading