Last idea worked out well. Here is the new roadmap.
Trade active
Close the short now. You can either go long now, or wait for confirmation to get back above the blue line (weekly close above it). Ifwe will test the low one more time, we are looking at price to reach maximum 165$ in extreme case.Trade closed: target reached
We have some resistance here trying to break back into the blue-trendline-zone. After that it will be smooth sailing.
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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.