Price is on a journey to 1985 but at this point I believe it is going to pullback to 1914 because the upward movement from 1885 to 1953 was a steep and fast one.
Price has shown weakness on the daily tf and I believe the long awaited pullback is here
Reasons to Sell
1. Price has shown clear rejections on the 4hrs supply zone and daily
2. We saw a strong selling pressure last Friday when USD gained strength with the help of NFP
3. Price got rejected at the 61.8% of the Fib retracement on the daily TF which marks a strong reversal level
First TP level was hit on Friday @ 1935, and we got a rejection back to 1940, so I would advise looking out for selling opportunities towards 1925 and finally 1914
RIsk Management is advised
I would love to hear your thoughts 🤔 on this, so feel free to leave a comment ✍.
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Nota
Selling looks good...Keep Holding, next target is 1925Nota
Final TP is near 🤑Nota
Eyeing 😍 1911 for todayNota
Intraday outlookTrade chiuso: obiettivo raggiunto
The long awaited 1911 is done 🤑💰💰✔✔💲💲💲Wait for new setup. Follow me for more
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Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.