I don't have a position in this as was always wary because of it's sketchy launch but i think i'll be patient and try grab an entry on the retrace of this channel into the weekly support around $1.83 area which is also confluent with the 0.618 fib (not shown)
Failing that i think we bounce off the bottom of the channel, monthly support and also long term trendline at $1.47.
Failing that i think we bounce off the bottom of the channel, monthly support and also long term trendline at $1.47.
Trade closed: target reached:
Wow! Target reached to the dollar. Thank you.