The market has been respecting the support and resistance structures that have been in place for as far as 2007 as evidenced in the 1 week chart. its upon that basis that i believe that when the market hits the PRZ, the market is most likely to go bearish after hitting a price between 90.05 and 92.41.
Recommended entry point should be at 87.7
1st Take Profit be at 83.6
2nd take profit be at 74.76
3rd Take profit be at 68.04
upon reaching 63.34,most likely the market will go bullish again. we await to see what happens then.
Recommended entry point should be at 87.7
1st Take Profit be at 83.6
2nd take profit be at 74.76
3rd Take profit be at 68.04
upon reaching 63.34,most likely the market will go bullish again. we await to see what happens then.