short entry , target and stop loss price ! i hope this helps you !
will be looking for a short entry if the price gets rejected and went below 70s again , then thats the sign for shorting. right now only observe with no positions.
blue lines for the bullish scenario , red are for bearish goodluck
based on Elliott wave , expecting a range trade pattern for about a month. if that happened , then it would indicate a potential breakout to the upside and a bullish movement !
this is an update to set up a new STOP price. to stay with the down trend with possible targets 1-2 hopefully will get another Stop price update and to stay with the down trend.
based on technical analysis today could be a short trade.