Expecting something like this to play out to clear some of the weak handed bears - We are still in a obvious down trend.
We've had 5 rejections of the 4043 level, allot of sellers have been absorbed and I expect a break through to occur. I'm looking for the Feb 24 lows rejection. If we break the trend line drawn on the chart, I'll re-evaluate my plan with my short positions.
I don't have a crystal ball and cannot predict future prices, but will be actively looking for a bottom to occur around the 2021 open / 2021 lows [3650-3750 area], if we break these levels I'll be looking at the 3230 - 3400 levels.
We've had 5 rejections of the 4043 level, allot of sellers have been absorbed and I expect a break through to occur. I'm looking for the Feb 24 lows rejection. If we break the trend line drawn on the chart, I'll re-evaluate my plan with my short positions.
I don't have a crystal ball and cannot predict future prices, but will be actively looking for a bottom to occur around the 2021 open / 2021 lows [3650-3750 area], if we break these levels I'll be looking at the 3230 - 3400 levels.
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.