Price continued to respect the downtrend line created after GJ had made a new high, and dropped 200pips on Thursday 4th November following the BOE hold of interest rates. Price closed the week at a strong previous resistance level
Although my overall bias is bearish I am expecting price to either
1. Retrace UP to the downtrend line and reject it in between the 50 - 61.8 Fb level and continue down OR
2. Range and break below support at 153 and continue to drop to the next support level around 151
Although my overall bias is bearish I am expecting price to either
1. Retrace UP to the downtrend line and reject it in between the 50 - 61.8 Fb level and continue down OR
2. Range and break below support at 153 and continue to drop to the next support level around 151
노트
For the month bias number 2 seems to be the one that played outPrice ranged between 154 - 153 and then fell to 151 on Friday 26th November following fears of a new covid variant resulting in trader sentiment taking a risk off tone
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.