If May closes we have ourselves a evening star formation from resistance on the Monthly in addition to the MA crossover and a 2017 strong TL breach.
A pullback to 147 can be expected and profited from counter trend traders before a well needed melt to the downside. Higher timeframes indicate a long overdue descent is expected in the coming months.
142,5 & beyond.
A pullback to 147 can be expected and profited from counter trend traders before a well needed melt to the downside. Higher timeframes indicate a long overdue descent is expected in the coming months.
142,5 & beyond.