The daily chart never managed to cross 50 Day EMA (Orange) since May and every reject bought lower lows. This time, price is facing resistance at 50 Day EMA and support at 20 Day EMA.
There has to be a break out in in any direction and it will be violent. We need to stay above $500 to be bullish.
Be Aware. Be Safe
p.s - See related linked charts for more details
There has to be a break out in in any direction and it will be violent. We need to stay above $500 to be bullish.
Be Aware. Be Safe
p.s - See related linked charts for more details
Trade closed: stop reached:
