Since December 2017 the price of the asset has been trading a bearish channel.
Last week the price has finally broke the TL that has maintained the price until them.
Right now, and after the strong bullish movement, the price will start a correction until the interest red zone that has where we have notice some resistance from the price (S and R).
And then, I expect a strong bullish movement creating new highs.
This idea is for a buy and it should be activated when there is a confirmation from the price.
This market analysis is just a investment idea, the same shouldn't be taken as a financial counseling without risk envolved.
CFD´s are very complex financial products that can result on the loss of most capital invested
Last week the price has finally broke the TL that has maintained the price until them.
Right now, and after the strong bullish movement, the price will start a correction until the interest red zone that has where we have notice some resistance from the price (S and R).
And then, I expect a strong bullish movement creating new highs.
This idea is for a buy and it should be activated when there is a confirmation from the price.
This market analysis is just a investment idea, the same shouldn't be taken as a financial counseling without risk envolved.
CFD´s are very complex financial products that can result on the loss of most capital invested