The chart has formed an M-top and based on that assumption, and besides we still very overbought weekly and monthly, the likely situation is, to see a move towards objective $ 190 based on M-Top.
Overall am seeing a chance of $ 155 area.
Strategy SELL @ 250-270 and take profit @ 191.00 for now, but on weekly chart more chances of lower levels. SL above $ 288 for now.
Overall am seeing a chance of $ 155 area.
Strategy SELL @ 250-270 and take profit @ 191.00 for now, but on weekly chart more chances of lower levels. SL above $ 288 for now.
