I expected a bounce from 390, I was wrong.
There is a clear downtrend channel now.
We are oversold on 1h-4h and I expect a bounce, small to 387-90 level perhaps, then down to 372 and perhaps bigger bounce to 400, that would be excellent entry with short position.
I am scouting for that entry.
There is a clear downtrend channel now.
We are oversold on 1h-4h and I expect a bounce, small to 387-90 level perhaps, then down to 372 and perhaps bigger bounce to 400, that would be excellent entry with short position.
I am scouting for that entry.
Comment:
looks like straight down to 372-4
Comment:
it did touch the bottom of the channel, I didn't expect it to be honest.
We could see 392 in two sessions.
We could see 392 in two sessions.