Overall still bullish
Looking at the long term chart, one can see we are in a correction phase but still inside the bullish channel upwards.
If the 2. support zone gets broken we will leave the channel and might see a further downtrend. Putting stop loss at 1.50 (just my idea...)
If the 2. support zone gets broken we will leave the channel and might see a further downtrend. Putting stop loss at 1.50 (just my idea...)
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.