Expecting a drop to 1765-1770, and a break under 1884 showing overweighting supply presence would be a goof sign that we are moving toward the area.
As long as we holding upside 1884, I could expect a retest of 1800 before we have a drop, and having price going back to this zone showing light demand could be a even more good sell opportunity entry, providing a tight stop loss.
I am not considering any buying long term position unless we would break upside 1815-1830 on SOS.
Daily
Weekly
And if we compare old reactions movements, we can the difference, as when it was buyers that were more present.
Monthly
As long as we holding upside 1884, I could expect a retest of 1800 before we have a drop, and having price going back to this zone showing light demand could be a even more good sell opportunity entry, providing a tight stop loss.
I am not considering any buying long term position unless we would break upside 1815-1830 on SOS.
Daily
Weekly
And if we compare old reactions movements, we can the difference, as when it was buyers that were more present.
Monthly
Comment:
Let's see how today's candle react
Trade closed: target reached
**Expecting a drop to 1765-1770, and a break under 1784 showing overweighting supply presence would be a goof sign that we are moving toward the area.**
*** As long as we holding upside 1784, I could expect a retest of 1800 before we have a drop, and having price going back to this zone showing light demand could be a even more good sell opportunity entry, providing a tight stop loss.**