Perfect technical bounce / dip buy as we back-tested a significant down-trend line from April 12th, 2017. Locked in 2.5% with $UWT instrument with stop losses on this bounce so far. Expecting volatility in the coming days, but there's still no down trend established until we have a lower high and a lower low. While today has certainly satisfied a "lower low" prerequisite for trend change, hold your bear-bias as it was expected after so many green days.
Support and resistance clearly marked here. Zoom out if its too choppy for you :)
Support and resistance clearly marked here. Zoom out if its too choppy for you :)
