I know this sound BIAS or contrarian view and pretty premature, comparing what is happening right now. But I believe that are people who were slow to get on and was stuck up there on the bull run and failed to get out so this chart provide some hope. On hourly chart we see oversold in the RSI . However you only buy with confirmation signal and this on a break out of the down trend line with only half the amount that you would and another one at 1220. Stop is tight. Good Luck
Kommentar:
watch for break out