There are three possible scenarios.
A) Stays above the support line, which is the Las big resistance (since the big drop).
B) Goes down into the trendlines, and we consider the last day as just a big movement.
C) It starts the end of the month drop.
Either way, the best scenario is to buy around 2800 because all three scenarios are a part of it. If the option is A) you won´t buy, but, at least you´ll know the resistance stays at 2905.
A) Stays above the support line, which is the Las big resistance (since the big drop).
B) Goes down into the trendlines, and we consider the last day as just a big movement.
C) It starts the end of the month drop.
Either way, the best scenario is to buy around 2800 because all three scenarios are a part of it. If the option is A) you won´t buy, but, at least you´ll know the resistance stays at 2905.
Comment:
Resistance stablished.