Bounce just enough to fill that gap
Updated
Panic selling of the last week has left a gap which is more often than not filled later on.
Besides bouncing of the bottom half of the established downtrend channel as well the price is now over the weekly pivot.
+4% from the weekly pivot more or less.
Will this result in a trend change? I doubt it.
Besides bouncing of the bottom half of the established downtrend channel as well the price is now over the weekly pivot.
+4% from the weekly pivot more or less.
Will this result in a trend change? I doubt it.
Trade closed: target reached
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