SCENARIO 1: Price breaks the daily demand at 60000 with strong bearish momentum, good area to look for shorts to 57000. Keep in mind good risk management. Past results do not guarantee future results.
SCENARIO 2: Price bounces off the daily demand at 60,000, presenting us with bullish momentum.
Good area to consider buys is at the break above 61000 and for less agressive traders above 61700.
SCENARIO 2: Price bounces off the daily demand at 60,000, presenting us with bullish momentum.
Good area to consider buys is at the break above 61000 and for less agressive traders above 61700.