We don't care about the news. We care about the chart!
Bad story is, that we lost 171.74$ support for continue our up trend but we could forming support at 1.618(158.31$) and 0.618 (157.33$) and testing 171$ ~ area again. If we broke and close above 171$ on higher timeframes then our next targer will be arround 198$(25%+).
Daily-Chart:
Buy against the panic sellers is one of the best indicators, sue me.
Daily-Chart:
Buy against the panic sellers is one of the best indicators, sue me.
Trade active:
1H Chart:
Trade is active but its not to late if you want to join the train up. We can use the red box(158.31$ and 157.33$) as long entry with an stop loss arround 152$.
Trade is active but its not to late if you want to join the train up. We can use the red box(158.31$ and 157.33$) as long entry with an stop loss arround 152$.
Comment:
Update for our red box. If you don't have any longs this can be a good spot to buy. But do your own research and calculate your risk/reward.
Comment:
Gap close at 161.27$ is also a good option to buy.
