Here we see a Cluster of idicators: Here is based the 200 which broke 2 days ago ( ) - here is also based the EMA90 (supportive) and the 38,2 fibo (supportive).
Below that Level i exspect a fast dip.
1. Buy this Level, SL should be a bit below the 0,382 fibo retracement (risky)
2. Sell the breakout through that Level - sl should be installed a bit above the 200 ("low risk")
The signs further downpotential. The green curve illustrates the declining momentum...!
Comments are welcome -agree or disagree.
don`t be surprized if we see a tiny upmove - at the Moment we are testing the in the past twice testet supportlevel
this test of the former bo-level would be classical :-9 the rsi signs an oversold Situation but not a buying Signal yet.