In my previous post I anticipated more selling towards 1929-1935 and 1850 targets. All of them were met. Switching to intraday charts, we're seeing a bounce, which may lead the price up to the current resistance zone @2200. Inverse Head&Shoulders pattern supports this idea. Short-term trend remains negative as long as the price stays within the pitchfork.
Trade closed: target reached:
Target reached @2200. Stay tuned for updates.
