Chart on the daily looks like being in no-mans is about to decide of its further direction.
I have two main alternatives:
1. If price moves above Jan 24th highs the road is opened to following resistance zone: 20-25, 28-33 and a push towards ideal macro-resistance target at 37-45 levels;
2. If price break down bellow Feb 3rd lows, odds are moving in favour of one potential leg down to potentially test 4-3 macro support levels.
Weekly macro view:
Thank you for your attention!
I have two main alternatives:
1. If price moves above Jan 24th highs the road is opened to following resistance zone: 20-25, 28-33 and a push towards ideal macro-resistance target at 37-45 levels;
2. If price break down bellow Feb 3rd lows, odds are moving in favour of one potential leg down to potentially test 4-3 macro support levels.
Weekly macro view:
Thank you for your attention!
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Swing-trading ideas, market analytics & asset requests
Keeping all closed trades public: belfed.com/equities-trades.html
14-day free trial (no card): t.me/BelfedBot
Free 🇺🇸 t.me/BelFedFreeEN | 🇷🇺 t.me/BelFedFreeRU
Keeping all closed trades public: belfed.com/equities-trades.html
14-day free trial (no card): t.me/BelfedBot
Free 🇺🇸 t.me/BelFedFreeEN | 🇷🇺 t.me/BelFedFreeRU
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.