Technical: Price has failed to close and been rejected twice at the 250 level. We see a nice possible bottom forming at our demand zone. The daily RSI is showing at 34, indicating a over-sold signal.
If price closes and breaks the 250 level. We would then look for a retest to confirm a new resistance level.
There is no such things as 100% wins. Always proceed with caution and conduct your own analysis.
*Not Financial advice*
If price closes and breaks the 250 level. We would then look for a retest to confirm a new resistance level.
There is no such things as 100% wins. Always proceed with caution and conduct your own analysis.
*Not Financial advice*
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