Hello everyone, final day of the week.
As you can see price followed the analysis perfectly. It formed a HL double bottom pattern just as expected from our previous analysis. If lookin for entry's i would have suggested after the HL had formed. But price is presenting an even better entry after a break and currently undergoing retest of the descending trendline .
It is important to state, that if price does not break the 1916 level, i am going to be bearish all the way to 1818.
DISCLAIMER: This should not provide financial, investment or legal advice. Trading set ups/analysis provided to you within are not solicitation to enter in to any trade, transaction or recommendation.
As you can see price followed the analysis perfectly. It formed a HL double bottom pattern just as expected from our previous analysis. If lookin for entry's i would have suggested after the HL had formed. But price is presenting an even better entry after a break and currently undergoing retest of the descending trendline .
It is important to state, that if price does not break the 1916 level, i am going to be bearish all the way to 1818.
DISCLAIMER: This should not provide financial, investment or legal advice. Trading set ups/analysis provided to you within are not solicitation to enter in to any trade, transaction or recommendation.