Im bearish, but so oversold it should retrace some of the losses
Can still re-test the lows or go even lower, but retracement to ~440 +/- 20 is likely at some point
Komentarz:
420 +/- 10 rather.
Transakcja zamknięta: osiągnięto wyznaczony cel:
415 hit (420 +/-10)
there is a notable descending trendline (resistance) connecting the highs of 460 , 450, 430 and now 420 so the more likely scenario is downwards from here even if we reach 420 first after some up/down wiggle in the range of 400 - 420.
there is a notable descending trendline (resistance) connecting the highs of 460 , 450, 430 and now 420 so the more likely scenario is downwards from here even if we reach 420 first after some up/down wiggle in the range of 400 - 420.