The medium-term strategy is unchanged.
We remain short, or will sell current price $ 4,200 area for a move towards $ 3,200.
The medium-term stochastic is negative, and would be good for a $ 1,000 downward price trend amount.
The stop-loss should be above $ 4,900 and profit at the bottom of our regression trend channel $ 3,200.
We remain short, or will sell current price $ 4,200 area for a move towards $ 3,200.
The medium-term stochastic is negative, and would be good for a $ 1,000 downward price trend amount.
The stop-loss should be above $ 4,900 and profit at the bottom of our regression trend channel $ 3,200.
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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.