I see 2 potential moves to the downside.
From a good resistance at $240 moving down to the $226/227 area where there is a weaker support.
From that movement on I believe that it will either move up to retest previous resistance and if it fails. t will move towards the $214/216 area in order to reach the order block.
This week will be one interesting and very volatile for sure.
From a good resistance at $240 moving down to the $226/227 area where there is a weaker support.
From that movement on I believe that it will either move up to retest previous resistance and if it fails. t will move towards the $214/216 area in order to reach the order block.
This week will be one interesting and very volatile for sure.
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