The Commodity has broken the 1494 - 1484 S/R zone, A highly volatile economic week being the main factor driving the commodity down and could continue down significantly..
Technical analysis :
1. Pin Bar formed on the D chart (25/10/19) signaling market rejection of the 1517 - 1513 price range, previous rejections making it a strong resistance zone
2. Price retraced to the 1517 - 1513 zone providing a good entry zone down.
Current price is at a strong support zone and were anticipating a pull back up to the 1493 - 1473 zone
This is a possible short buy opportunity as we look for the bear trend to continue.
Technical analysis :
1. Pin Bar formed on the D chart (25/10/19) signaling market rejection of the 1517 - 1513 price range, previous rejections making it a strong resistance zone
2. Price retraced to the 1517 - 1513 zone providing a good entry zone down.
Current price is at a strong support zone and were anticipating a pull back up to the 1493 - 1473 zone
This is a possible short buy opportunity as we look for the bear trend to continue.
免責聲明
這些資訊和出版物並非旨在提供，也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。
免責聲明
這些資訊和出版物並非旨在提供，也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。