Extension 1.272 BOUNCE PLAY. Always use stops. This is a grizzly bear market at the moment.
Comment:
This trade is being taken at the testing of the 55MA. Mind you, last time the 55 was tested price severely broke down. Be cautious and expect this to not go up.
Comment:
As expected 55MA broke down price. Looking to see if 1.272 can support once again.