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the uptrend have been confirming the support trendline, today's daily candlestick is showing a red with a wick rejecting a sell at that same trendline. wait till till tomorrow to confirm when a green candlestick will develop. wait till there is enough confirmation for a BUY ORDER.
Anmerkung
it broke the support trendline and major support line, went for the next major support line but rejected sell at that level, wait till you can see a confirmation of a buy if it retraces above the support it broke @56027 2 options
1. it does retrace over it creates a short term buy and bounces using the trendline support which it broke as a resistance
2. it retrace over and goes higher
Anmerkung
ALWAYS WAIT FOR A CONFIRMATION, I PLACED A SELL ORDER AT THE BEGINNING AND CLOSED AT 52k AS MY T.P...nice. :)
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