As we analyzed on November 27, we expected a rising to happen and currently we see the prediction came true. R1 used to be a support area. S1 and S2 used to be resistance areas with their representation of the unsuccessful attempts of price to rise and S3 is the support area which contains the well support of price. Presently, we have the fluctuation of price over S1 and we expect it to rise up to R1 area and the long position of the chart is activated. If the price is able to fix over this area, more rise is waiting for it. But if it falls below S1, it would experience more decline. Keep moving with our updates and lean more.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.