Bringing to TradingView my breakdown of the GoldenDollar. Observing that its been 54 days since that of the last structure high of 1218.41 Recent attempts to push past the price range, was not granted. The repercussion caused a 1.19% decline. The price range was not retested again in the last 32 hrs. Instead a bearish formation has begun with new structure lows....
Observing intense resistance at the 1.23120 Field. Numerous attempts to break the price range failed. Driven the range down 1.21733. Consolidation begins. I am predicting a bearish isolation to the next support zone of 1.20590 after consolidation period ends. Pay attention to news on the development of the PoundDollar. Bearish opportunity. This is not a signal....