Gap up to break this level, but then strong resistance ahead can mark a choppy Monday.
Levels to watch:
We have reached reversal area, even though possible price can move up considering positive sentiments, there is strong resistance ahead.
Upside - 16400-16500 levels
Downside - bounce from 16230 levels
[bR]esistance commentary:
16500 level is a strong resistance area followed by 16600 form 1H Time Frame
This should play for this week.
There is more room to play downwards and this can be a temp test of 16600 levels for the week.
Levels to watch:
We have reached reversal area, even though possible price can move up considering positive sentiments, there is strong resistance ahead.
Upside - 16400-16500 levels
Downside - bounce from 16230 levels
[bR]esistance commentary:
16500 level is a strong resistance area followed by 16600 form 1H Time Frame
This should play for this week.
There is more room to play downwards and this can be a temp test of 16600 levels for the week.
Operación cerrada: objetivo alcanzado
Target one achieved. Now there will be some pull back. Happy Trading!
Falcon Trader
Trading Courses charts-stocks.com
_________________________________
Ask for any script Falcon Wave count by DM
Twitter: @Falcon_Trader_1
Trading Courses charts-stocks.com
_________________________________
Ask for any script Falcon Wave count by DM
Twitter: @Falcon_Trader_1
Publicaciones relacionadas
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como asesoramiento o recomendaciones financieras, de inversión, de trading o de otro tipo proporcionadas o respaldadas por TradingView. Más información en Condiciones de uso.
Falcon Trader
Trading Courses charts-stocks.com
_________________________________
Ask for any script Falcon Wave count by DM
Twitter: @Falcon_Trader_1
Trading Courses charts-stocks.com
_________________________________
Ask for any script Falcon Wave count by DM
Twitter: @Falcon_Trader_1
Publicaciones relacionadas
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como asesoramiento o recomendaciones financieras, de inversión, de trading o de otro tipo proporcionadas o respaldadas por TradingView. Más información en Condiciones de uso.