This pb has allowed the shorts to cash in...we are at signficant support (middle of prior funnel) and the bottom of the channel...in my opinion, we resume the move up...but I think $42-$44 zone is the likely pivot pt for a significan move back down...back to mid to low $30's...This current pb is will shake off the weak hands! However, let this be a lesson...avoid leverage or you may pay dearly....
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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.