The strong bull channel we mentioned in the previous idea is now broken and we're waiting for a new structure to form before making intraday decisions on a short or long position.
Since there's a lot of big resistances broken we expect it to test these as support.
Expecting limited downside, so not shorting this, but rather waiting for a long opportunity, because the trend is your friend, until the very end.
Since there's a lot of big resistances broken we expect it to test these as support.
Expecting limited downside, so not shorting this, but rather waiting for a long opportunity, because the trend is your friend, until the very end.
