Break upside 1740 on signs of strength = next target 1760 - Break upside 1760 on signs of strength= Next target 1780-1790 • Break downside 1720 on signs of weakness= change into a sell bias Get the fuck out long positions
If demand hold and remain in power I even expect it to go back all the way up to 1800 again
Monthly; Showing important presence of demand at the 1670 area. Price as been showing an heavy presence of supply and it being in power since last August 2020. But no break downward 1768 were actually made, and neither under 1670, which tell me it ain't interested in doing so yet. That why I would expect more testing of 1800 before seeing it going down. But that much of a heavy supply let me hold my guards.