Important level to watch if it breaks the level shown in the chart we will enter a long bearish market . In my opinion we need time to recover from those prices maybe weeks maybe months.
Trade safely
13/06/2018
The trend line have been touched 3 times , we should be careful when it touches the trend line for the 4th time because usually it breaks the line , we hope the level will be respected , still i see 6600-7100 is a strong zone that should be respected . After a correction of 70% from the highest top we need high volume and good news.
Short term Analysis
As it can been seen in the chart below that the price is below the 50-100-200 MA , the price should find support at the level 103-118 ( good entry level SL below the level) or wait to violate 140
We need Volume and the price should respect the strong DZ
27/05/2018
Short term Analysis
As it can been seen in the chart below that the price is below the 50-100-200 MA , the price should find support at the level 485-530 to bounce back or go back and violate 635
We need Volume and the price should respect the strong DZ
27/05/2018