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PLS chart, page-6771

  1. 3,112 Posts.
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    Hi Folks

    Just a quick follow up on my previous PLS chart post.

    We seem to be heading into my previous posts target area.

    The signals from the weekly chart are un-good.

    In the week 24 Apr the weekly hi-lo candle traded entirely below the 10WMA ( Bearish signal)

    10WNA crosses below then 40WNA all happened too quick.

    Markets are tanking inflation and interest rates are going crazy. Nothing looks good.

    Maybe setting up for a second target area towards the 1.60s to 1.70s. Who knows?

    Dangerous times folks.

    Just my opinions , DYOR

    cheers Lies



    https://hotcopper.com.au/data/attachments/4440/4440119-aec6446c1f19b294955dd74404120c23.jpg



    https://hotcopper.com.au/data/attachments/4440/4440117-aec6446c1f19b294955dd74404120c23.jpg

 
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