- We had a good trade with MSTF last week, resulting to a 32% ROI. For now, awaiting more confirmations to occurr in price action. Regarding last weekly close bounce, it appears to me it was more of Techncnical bounce nearing the *D-*W Support-Trendline.
Zooming in to Smaller time-frames, price remains in a downtrend until price breaks-out from descending channel pattern and key levels. In case Support-Trendline fails to hold the price above it, 292.11$ would be the next downside target.
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TRADE SAFE *** Note that this is not Financial Advice ! Please do your own research and consult your own Financial Advisor before partaking on any Trading Activity based Solely on this Idea.
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