We are still in bearish territory, but this could change sooner than you thought.
There were 69000 21. Aug 20 22.5 call @ 0.69 bought, which might seem a bit suspicious in terms of trading in any direction:)
And also a Regular divergence is showing off on the chart, which indicates a trend reversal. In this case: bearish> bullish.
Important levels in case of a breakout are 23.6%, 38.2% and 50% fib level. IF any of them hold strong, then we might easily test the 19.71 level.
Best regards, Benedek
There were 69000 21. Aug 20 22.5 call @ 0.69 bought, which might seem a bit suspicious in terms of trading in any direction:)
And also a Regular divergence is showing off on the chart, which indicates a trend reversal. In this case: bearish> bullish.
Important levels in case of a breakout are 23.6%, 38.2% and 50% fib level. IF any of them hold strong, then we might easily test the 19.71 level.
Best regards, Benedek