$CAMXI like what I see and will try going long here, but remember that it has tested this level a few times = weaker support.
stopploss = 580 (dayclose under)
0RD1 trade ideas
CAMARUS thoughtsSo looking at Camarus there are some mixed signals currently, so it's best to wait and see how things will pan out.
We can however already look at some different scenarios to prepare ourselves.
Green scenario:
CAMARUS broke above resistance, retested this resistance and turned it into support. Whilst at the same time doing a retrace to the 0.382 fib.
This is a scenario for bullish continuation.
Orange scenario:
CAMARUS has lost it bullish momentum and will form a head and shoulders formation. Once the neckline gets broken a downward trend will start.
