2 very simple charts.
Daily and weekly.
Daily shows some current 55ema support which I think will give way and head to 59 area where there is a strong daily reaction candle in red area and very good resistance turning support in the blue area
Weekly shows very good confluence with 1.59 area/38.2 fib, 200sma and 55 ema coming together for lunch.
How nice...
Lets see if price will join them for an orgy
Daily and weekly.
Daily shows some current 55ema support which I think will give way and head to 59 area where there is a strong daily reaction candle in red area and very good resistance turning support in the blue area
Weekly shows very good confluence with 1.59 area/38.2 fib, 200sma and 55 ema coming together for lunch.
How nice...
Lets see if price will join them for an orgy
Come with me if you want to live....