PG recently reversed up from the support area lying between the strong support level 120.00 (which reversed downward corrections (a) and 2 in September) and the support trendline of the sharp daily up channel from the end of May.
The upward reversal from this support area created the daily Japanese candlesticks reversal pattern Morning Star – which started the active short-term impulse wave 3.
PG is expected to rise further and retest the next resistance level 125.00 (top of the previous impulse wave (i)).
CHFJPY: ⬆️ Buy - CHFJPY reversed from support area - Likely to rise to resistance…
Exxon Mobil: ⬆️ Buy - Exxon Mobil reversed from support area - Likely to rise…
Welcome to Pro News Weekly! Here’s what is shaping the markets: 💵 The U.S. dollar…
• EURUSD falls due to geopolitics and expectations of tariff removal • Gold returns to…
Platinum: ⬇️ Sell - Platinum reversed from pivotal resistance level 150.00 - Likely to fall to…
Baidu: ⬇️ Sell - Baidu reversed from resistance zone - Likely to fall to support level…
This website uses cookies
