if you are long stay long! I only donT would buy aroudn this levels. BEcause i even except lower prices this summer and or this current year 2021! That`s why still ... mid-term over 65 USD bullish mid-term under 65 USD bearish long-term over 55 USD bullish long-term under 55 USD bearish may the price action will be with U: aaron
Continuous reversal points in this rectangular formation, will it continue at (5)? MACD looks bearish, however there is a bullish divergence on the MACD. Risky trade.
This setup was caught a bit late, for better entries look to the daily time-frame for possible pullbacks, this is ust to give a better risk to reward ratio.
The Daimler chart still looks weak and should continue to down trend. The first collection area is the 49 €uro. If these do not hold a sell off to 30 €uro is possible, which could then be a possible entry point for a long trade.