There seems to be some calming down of this and flattening of the downtrend.
Big vol spikes on up movements in price over the last 4 months, and the volatility is subsiding.
This looks like it could be a double bottom, I put my stop entry price at 1.61 because the last breakout failed and it was 7c higher than the previous high, so 1.61 is 10c higher than the previous high of 1.51.
Many positive talks lately, so maybe this debt issue will resolve. The stop entry at 1.61 would likely get me in if it spikes powerfully. Until then, Im protected from further declines... Once it crosses 1.61 I'll turn bullish.
Big vol spikes on up movements in price over the last 4 months, and the volatility is subsiding.
This looks like it could be a double bottom, I put my stop entry price at 1.61 because the last breakout failed and it was 7c higher than the previous high, so 1.61 is 10c higher than the previous high of 1.51.
Many positive talks lately, so maybe this debt issue will resolve. The stop entry at 1.61 would likely get me in if it spikes powerfully. Until then, Im protected from further declines... Once it crosses 1.61 I'll turn bullish.