We may derive the following from the Weekly MEI chart:
1. Price successfully broke out of the weekly range.
2. It is possible that price may return to test the range. Alternatively, continue higher.
3. Monitor price action and be patient before trading.
4. As always - maintain your risk.
Note: The views provided herein do not constitute financial advice.
1. Price successfully broke out of the weekly range.
2. It is possible that price may return to test the range. Alternatively, continue higher.
3. Monitor price action and be patient before trading.
4. As always - maintain your risk.
Note: The views provided herein do not constitute financial advice.
