This asset is clearly on a Up trend now after all the dump he had.
We broke the daily trendline and started curling up for some great long opportunities.
Now waiting for the $155.0 level to get filled bc it's a daily gap + huge historical support to watch.
Then just wait the little 4H trendline break to have the perfect confirmation for swing (but can begin to enter on a good rejection candle of this level).
I want then to target the daily 50% fib level + daily resistance.
In a more long term vision, we will look to fill the big daily gap we had at the beginning of the crisis to $289.0.
Great Trades !
We broke the daily trendline and started curling up for some great long opportunities.
Now waiting for the $155.0 level to get filled bc it's a daily gap + huge historical support to watch.
Then just wait the little 4H trendline break to have the perfect confirmation for swing (but can begin to enter on a good rejection candle of this level).
I want then to target the daily 50% fib level + daily resistance.
In a more long term vision, we will look to fill the big daily gap we had at the beginning of the crisis to $289.0.
Great Trades !