A price action below 57.00 supports a bearish trend direction.
Further bearish confirmation for a break below 56.60.
The target price is set at 55.00.
The stop-loss price is set at 58.00.
Wave analysis suggests a couple of alternatives.
The price action was corrected from overbought territory.
Remains a very risky trade.
Further bearish confirmation for a break below 56.60.
The target price is set at 55.00.
The stop-loss price is set at 58.00.
Wave analysis suggests a couple of alternatives.
The price action was corrected from overbought territory.
Remains a very risky trade.