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
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.