Update from our previous No-Trade Zone, We have been out of the triangle and are not in a retracement from TD9 to a 1-4 day correction. Our 50W MA has been a great support and I hope it will provide us support again. Today it is at 6,950$ in the next 3 days I'm Expecting it to rise to 7,1xx$ and act is a good support. I recommend multiple buy orders spread through 7,500-7,000$ and as mentioned this is our last chance to get at the lowest price. We will not see 7k again for a long time. Goodluck and happy trading.
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.