Monthly chart shows one thing. STRONG rejection. And where there's a strong rejection, there's a chance of a price reversal.
How does this coincide with what we are looking for? Well, August monthly candle did not have a top wick. If we can get a top wick created for the previous months candle then September SHOULD see a sell off going into the end of 2023.
Target long term if you're taking swing sells remains the 1800 level.
How does this coincide with what we are looking for? Well, August monthly candle did not have a top wick. If we can get a top wick created for the previous months candle then September SHOULD see a sell off going into the end of 2023.
Target long term if you're taking swing sells remains the 1800 level.