It could be a major week for WIF traders. A huge amount of liquidity has built up just below current market prices- it is decision time...
has meandered between the $3.2-$4.1 levels over the past week. In fact, while its price action projected short-term bearish pressure, the higher timeframe outlook remained positive.
The RSI fell below neutral 50 and was an early signal that bearish momentum was likely to intensify. This could force prices below the aforementioned swing low.
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