So far we have made our retrace to the first main support zone, noted to watch for long in last analysis (scalpers already in nice profits)
watch for a move upwards prior
upwards sloping support
now resistance or a swing down
to the 78.60% fib point,
our first buys have been
executed with a tight stop below wick, we may trail this stop depending on price movement.
watch for a move upwards prior
upwards sloping support
now resistance or a swing down
to the 78.60% fib point,
our first buys have been
executed with a tight stop below wick, we may trail this stop depending on price movement.
Comment:
looking to retest 55k otherwise we look to 46/42k for our next major support zone for a long.
