I feel we may be little oversold short-term, and buying into $ 42,500-43,000 for some correction to $ 45,000-45,500 before lower again.Ultimately we should see low $ 38,000-36,000 area.
For now BUY careful $ 42,500-43,000 and take profit $ 44,900. Stop-loss tight maybe $ 41,000.
For medium term remain short, but trim now and re-sell higher.
For now BUY careful $ 42,500-43,000 and take profit $ 44,900. Stop-loss tight maybe $ 41,000.
For medium term remain short, but trim now and re-sell higher.
For now keep stop-loss $ 41,000, and MACD is negative, but stochastic feels being on the low side and for that reason I feel BUY strategy to fine.
If room, buy little more but keep stop same.
Overall objective is much lower, but it will not be a one way traffic.