Price is also testing our Strong where it bounced weakly two weeks ago. Another thing to consider is that price is getting too far away from the 200 .
What do i think it's gonna happen now?
As always only two things can happen, but trading is a game of probabilities!
- less probable: Test & Bounce higher
- more probable: Break our Current Support and continue the (NB: Inversion is near), hoping for some Strength only around the 765 area (keep track of the )
The informations and the strategies discussed are NOT recommendation to buy, sell or trade any securities. They are strictly for educational and illustrative purposes.