0
125
Pivot (invalidation): 1208.00
Our preference
Short positions below 1208.00 with targets at 1196.50 & 1192.50 in extension.
Alternative scenario
Above 1208.00 look for further upside with 1214.00 & 1217.00 as targets.
Comment
The RSI advocates for further decline.
(By Swissquote TRADING CENTRAL)
![[TLV]: Timings at Market Highs and Lows Price Extremes, Exhaustion, and Timing Reactions](https://c.mql5.com/6/1006/splash-preview-770296.jpg "[TLV]: Timings at Market Highs and Lows Price Extremes, Exhaustion, and Timing Reactions")
