We had a breakout attempt from the range and channel I have been mentioning, but it ended up being a false breakout. I managed to get a partial (1/4 of the position), but then was stopped out in the entry point.
Now we´re looking at a downside breakout from the 2-month range. I still believe that we will have a strong upside movement soon, but not before we see fresh new short term lows ($1.11, $1.10 are my test targets).
Now we´re looking at a downside breakout from the 2-month range. I still believe that we will have a strong upside movement soon, but not before we see fresh new short term lows ($1.11, $1.10 are my test targets).
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