We have a good shorting Opp here. Its showing signs of reversal on most timeframes especially the larger ones such at the Month, Week and Daily.
Noone can see 3-4 years into the future right? Well I'm no different so dont take this as financial advice more of just a hey this looks ok to me sort of thing. Ive taken the time to give you a Fan, a Triangle, and major resistance and support levels on larger time frames. Take the time do your own research but hope this helps guide some in the right direction Enjoy :)
Purple is Monthy
Yellow is weekly
White is Heavy resistance/support lines due to large moves up/down
Red Box: Short Area
Overall Target it is 18-19, with potential to break through to 7-8
Noone can see 3-4 years into the future right? Well I'm no different so dont take this as financial advice more of just a hey this looks ok to me sort of thing. Ive taken the time to give you a Fan, a Triangle, and major resistance and support levels on larger time frames. Take the time do your own research but hope this helps guide some in the right direction Enjoy :)
Purple is Monthy
Yellow is weekly
White is Heavy resistance/support lines due to large moves up/down
Red Box: Short Area
Overall Target it is 18-19, with potential to break through to 7-8
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