If R2 Pivot is breached with enough momentum, a retest of R3 Pivot Resistance could be possible. Be patient for an entry. Follow your plan and obey your rules.
Pivot. If bearish momo continues and 47.5 breaks, testing 45 for support is not far off. May even chop near 46 beforehand.
Patience if looking for a better price. Obey your rules.
near 23. Bearish momo could possibly reach 20 easily. But there will be support bounces along the way. If bulls step in some, it may find support near 22 before testing lower. Patience pays if looking for a better price.
Obey your rules.
Too early for investing. Trouble there at EMA50. If support fails, S1 Pivot likely to tested for support.
Should bulls rush in, P Pivot will be tested for resistance.
One possible trade scenario. What matters is your plan and your rules.
132.5 (which is also near ema50 for a support test) and then near 130 or S1 pivot.
Even a bit more of a pullback or a correction can help it find new bullish legs.
No rush. Stalk your entries.
mostly bullish since the 2008 debacle. However that is Wall St and those remotely close to the markets. While Main Street is still paying the price.
Bullish so, stalk your entries.
