I noticed how the previous resistance lines have now swapped to be support lines.I marked this with the pink lines and black circles. Price usually bounces off support. Upcoming support at 167. Buying in at 167 then selling again when price gets near downtrend line could be a quick buck. Could also be risky, take it as you will.
Last time we broke support in the downward channel trade, we got lower lows. Coming up on the support line again, and close to the end of the wedge/triangle. If we breakout above the downtrend line, I would go long. If we break support, I would go short. MACD and PSAR look bearish, I think the continuation of the downtrend is most likely. Watching closely. This is...
