You will learn the best place where we can trade this instrument at low risk. Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy. Always make your analysis before a trade.
Thanks for sharing.
We’re still bearish for the mid-term. However, we do think the downward breakout will be initiated more from the 9.4k level as shakeout actions are needed to get rid of some of the retail bears right now. Likely another week of range bound trading if we drop from here to below 9k.
flux7777
⋅
@Phi-Deltalytics, I totally agree. Below 9420 we are still deep in bearish accumulation channel. Volume sucks as well. The optimism for bulls is premature.
We’re still bearish for the mid-term. However, we do think the downward breakout will be initiated more from the 9.4k level as shakeout actions are needed to get rid of some of the retail bears right now. Likely another week of range bound trading if we drop from here to below 9k.