This is not a trade setup
21.500-20.000 is a crucial and tested support. It is highly likely that price will rest and consolidate for a while before the recovery wave. Do note that the current down move still have some momentum behind it, hence price is still likely to fall further. If you are planning for a long position, go by batches. Do not hold below 18.00 as it is bear territory.
21.500-20.000 is a crucial and tested support. It is highly likely that price will rest and consolidate for a while before the recovery wave. Do note that the current down move still have some momentum behind it, hence price is still likely to fall further. If you are planning for a long position, go by batches. Do not hold below 18.00 as it is bear territory.
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