We may derive the following from the Weekly ABG chart:
1. Price is at a major support level.
2. A bid is most likely to occur and buyers may step in.
3. However, a break of the trend is also possible. I would monitor price action and watch for shorting potential.
4. As always - maintain your risk.
Note: The views provided herein do not constitute financial advice.
Update idea
1. Price is at a major support level.
2. A bid is most likely to occur and buyers may step in.
3. However, a break of the trend is also possible. I would monitor price action and watch for shorting potential.
4. As always - maintain your risk.
Note: The views provided herein do not constitute financial advice.
Update idea
