1.31 level has been a level of interest for me. As we have seen big bouncing from here in the past. Howveee losing this level we don’t have to much below to hold us up. I’m watching closely here next idea if this is lost would be 1.11. To me that is the long term trend line support. As well as 1.23 as a breakdown target of what I later perceived as a head and shoulders I missed. The cup and handle speculative idea was debunked when we lost 1.37 I’m still on sidelines lookinf for a potential momentum trade

Comments

If we don't hold this level I think we would potentially see $1.00 again. Im currently in now with a tight stop. Hoping for a bounce!
+2 Reply
@sdowless yeah I entered also with a tight stop.
Reply