Price looks like it's showing fatigue on the daily and is consolidating for a potentially nice drop this week.
This will most likely move as a giant pullback before continuing up, but it'll be a few hundred pips before it continues.
Otherwise, I have to see is it going to do a fakeout to the weekly or actually bust through it. We're about to find out.
BEAR TPs:
• 46.93
• 46.20
• 45.72
• 44.67
• 43.90
BULL TPs:
• 49.76
• 50.26
• 51.23
• 52.34
• 53.40
This will most likely move as a giant pullback before continuing up, but it'll be a few hundred pips before it continues.
Otherwise, I have to see is it going to do a fakeout to the weekly or actually bust through it. We're about to find out.
BEAR TPs:
• 46.93
• 46.20
• 45.72
• 44.67
• 43.90
BULL TPs:
• 49.76
• 50.26
• 51.23
• 52.34
• 53.40
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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.