expecting a push up to create a upper wick on the new monthly candle. Exhaustion from sellers and a push from buyers looks very evident after previous nfp week. Dropping down to weekly we can see multiple rejections and lower wick indicating sellers losing control. A pullback to 1292 area is most significant for the upcoming week.. possibly a stronger push and wick to 1296-1297 then continue push down and rejection off of the bearish trendline to fulfill overall 1260 tp1. REMEMBER DONT PREDICT... REACT.
Comment:
its looking pretty accurate
Trade closed: target reached:
sells for the upcoming week, bullish target has been achieved.