In this chart we see the possible break out of the down channel around $11,600. If that happens look for a retrase and rebound at the channel after testing the level at $11,000. Then look to go long at $11,600 TARGET $ 13,600, once it reaches modify trail stop. for posible momentum.
Expecting consolidation between $ 1300 and $ 15000. Once retrace of $ 15 k and recover $13 K look to go long again.
Other possible scenery is retrase to $ 9000 and bounce to break channel.
Expecting consolidation between $ 1300 and $ 15000. Once retrace of $ 15 k and recover $13 K look to go long again.
Other possible scenery is retrase to $ 9000 and bounce to break channel.
Trade active:
As expected price went to $ 11.600 and sank to previous resistance at 10.800 k. These will be a good point to go long with close stop lost around $ 9.800
