We have reached support level 1762 and there is no reaction from CO, why? It seems that the institutions for some reasons do not see this price zone as fair, they are probably looking for a more attractive price. Which one, I believe, we will find out soon.
Comment:
I forgot about Nonfarm Payrolls 🤦♂️, don't trade this Friday.
Comment:
Each new bullish bar shows the emergence of a supply, and also there are no volume, let's see what happens after Payrolls.
Comment:
we have reached upper border of trading range, we can expect some reaction from this point. I'll prepare a new forecast this weekend.
Order cancelled