Hello,
Since we first bounced right on the support yesterday, I think we are due to test at least $7500 next week.
If we break the downtrend trendline that we are following since the start of this beartrend, I'm thinking about ~$11.500 where we got quiete some support.
Otherwise, if we break down, we seems due to retest ~3-4k.
Since we first bounced right on the support yesterday, I think we are due to test at least $7500 next week.
If we break the downtrend trendline that we are following since the start of this beartrend, I'm thinking about ~$11.500 where we got quiete some support.
Otherwise, if we break down, we seems due to retest ~3-4k.
Comment:
The first target ($7500) has been acquired. We are entering a no-trade zone as this either could go to $7800-8200 or retest res at $6600. Next decision should be make on those breakup / brakdown.
Comment:
Moreover, as we can see, we are in ichimoku cloud, confirming the no-trade zone.
