Potential movement to the zone 53-54, as the movement below 50 was not continued. After achieving 53 USD just wait to see if the corona virus spread is contained. I suspect a further downside around 25-27 Feb.
The virus spread is expected to be further increased and as always the panic has 14-day period, it means if it was this week, the next panic peak would be at the end of month, 25-27 Feb.
The virus spread is expected to be further increased and as always the panic has 14-day period, it means if it was this week, the next panic peak would be at the end of month, 25-27 Feb.
Trade active:
Bought at: 52.14
TP: 53.50 USD
TP: 53.50 USD
Trade closed: target reached