I'm currently on the sidelines after 1000,- broke and recent higher low around 1300, suggests more downside. Bollingers are also capping upside which usually means it will either stay for a while around the 700-900,- level before more upside or push it back to around 400,-
If you have a long bias I would be cautious jumping in here.
If you have a long bias I would be cautious jumping in here.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.