No question that price action last two days give the bears a strong confident and probably happiness for a secure downtrend but that may not be the case if price holds 485 area where some DTS seems heavy. What if price fails to hold, next major support is $455 which will confirm downside trend that may last many months to come. PND suggest price will hold 485 area and will give price to print a new all time high if market improves the last quarter. Last time we precisely predicted where to exit and flop your position if that is the case, now is the time to consider to flip your position to the upside if price holds. Try 2waytrading.com
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bjberrybj
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Hi. Could you please share on how you obtain or R1,R2,R3 and S1,S2,S3 levels on the chart ?