Let's see what the price does. Casually optimistic that the price is at it's low here at 80 EUR.
I would buy at the downward or horizontal line for a trade. There are better looking charts and manage your risk under de 50d SMA!
I've been long since before the previous low, but it's finally coming to fruition. I still have a lot to learn about doing nothing and just observing, but hey, at least the upward thesis was correct :).
Target & risk management:
First target is around 26-27, looking for a continuous run up until 35.
Stop loss now is 23.50, would move this up to this downward...
Previous support shows possible support at 7400 usd. A rebound to the upper support line seems less likely now lower support is found. Be aware of a close or spot price below the lowest support, further decline then likely.
