Price reacting of touching range low monthly support @ 130, thesis is that even if it holds we will revisit it and spend more time there.
Weekly timeframe price is at resistance.
Daily price rolled over range low and the entry would be on bearish retest of that level.
target is sweeping the low @ 131, and more into monthly support acording to initial thesis.
Weekly timeframe price is at resistance.
Daily price rolled over range low and the entry would be on bearish retest of that level.
target is sweeping the low @ 131, and more into monthly support acording to initial thesis.