Looks like we are about to have a pullback. Short at $8600 with stop loss at $8800. Target: $7900
Position type: Long Entry Point: $7400 Enter if: $7400 breaks upwards Target: $8400 S/L: $6800
End of an Era? Falling like a rock, barely any bounce. $500 negative rally.
Should breakout of the current downtrend in the next 1-2 hours or less. When it breaks out a fall this steep, you usually know it has broken out quite easily.
Probable bounce off support at ~8200, I would place a long position here. Position: Long Stop Loss: 8000 TP: 9200