As you can see in the chart, it is a very simple trade, the 24.9$ level was a strong support, now that is broken is a strong resistance. The price managed to climb back to that level(resistance) so i see that a reversal from here is quite likely. With the 22.5$ level acting as a magnet for the price.
I consider to enter a Short position now with stop at 25.35$ and targets 24.13$ 23.22$ and 22.53$.
Recommended to keep trailing the stop loss order and keep locking profits.
If you agree give a boost and i will be glad to see your opinion in the comments.
I consider to enter a Short position now with stop at 25.35$ and targets 24.13$ 23.22$ and 22.53$.
Recommended to keep trailing the stop loss order and keep locking profits.
If you agree give a boost and i will be glad to see your opinion in the comments.