Bearish sentiment targeting the Previous Month Low [PML]
The conclusion of January marked a bearish sentiment, setting the tone for the initial week of the new month.
Notably, the week commenced with a noteworthy displacement of sell-side activity after encountering resistance at the 2065 level.
As we navigate through the current month, the primary objective is to observe a price trajectory targeting the lows established in the previous month.
Notably, the week commenced with a noteworthy displacement of sell-side activity after encountering resistance at the 2065 level.
As we navigate through the current month, the primary objective is to observe a price trajectory targeting the lows established in the previous month.