Using our Swing Trader-Pro indicator, we suggest that price is exhausted at this level and could resume to the downside. This area is highlighted green due to our confirmation indicators all implying a successful correction from point B to Point C and a potential reversal is on the cards.
- Key levels have been tapped
- Large candle rejection
- Currently within the series of LH's and LL's
- Key levels have been tapped
- Large candle rejection
- Currently within the series of LH's and LL's