Is Consolidation Showing Signs of a Drop Coming?
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