Bad story is, that we lost 171.74$ support for continue our up trend but we could forming support at 1.618(158.31$) and 0.618 (157.33$) and testing 171$ ~ area again. If we broke and close above 171$ on higher timeframes then our next targer will be arround 198$(25%+).
Daily-Chart:
Buy against the panic sellers is one of the best indicators, sue me.
Daily-Chart:
Buy against the panic sellers is one of the best indicators, sue me.
Trade active
1H Chart:Trade is active but its not to late if you want to join the train up. We can use the red box(158.31$ and 157.33$) as long entry with an stop loss arround 152$.
Note
Update for our red box. If you don't have any longs this can be a good spot to buy. But do your own research and calculate your risk/reward. Note
Gap close at 161.27$ is also a good option to buy.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.