TIA LONG based on visible W formation
The Chart shows a Resistance at 14.36 slightly below the 50 EMA and also closed to the Day's Open[ /b].
If the Resistance does not hold then we are looking towards a SHORT which would be temporal lived until 14.10 or close to the M1 position.
There is a strong SELL/BUY (MM).
This shows a cool W formation ready to be missed!
If the Resistance does not hold then we are looking towards a SHORT which would be temporal lived until 14.10 or close to the M1 position.
There is a strong SELL/BUY (MM).
This shows a cool W formation ready to be missed!
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