I Bet for the Red Line, and i think after the end of the red or green line it'll go down to retest the bottom Don't trade this if you're not thinking the same as me, its not a trading advice just an idea Low Support around 4700 ( Daily 200 EMA) , Good support at 4400 and 4200 if we break 4200 we go to retest bottom Resistance around 6000
Don't hesitate to correct me if you think i'm wrong. But please explain your point of view and why you think i'm wrong. I learn everyday and will be happy to have your POV.
Thanks
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Oops i wanted to say i bet it'll follow the green line not the red one But it till thin its a possibility. I had changed my stop at 5200, so i take a small profit ever if it go up from now. and if he goes back down i can replace a short maybe with a best entry
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After Bottom retest if it hold, i think we will go to bullish trend
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Red and Green Lines are only here to show the direction, but are not time-related.
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Ho, and i closed my short at 5065, now i wait to see how it evolve before reopening a position, maybe i'll long