Trend is Long and price is only retracing.
Short sellers
Any short trade will be a Counter-Trend which not worth the risk entering now.
A break lower than 0.84 and further break lower than 0.82 would encourage a further downward move.
When that happens, short the rally.
Longs are waiting for entry 0.84
Short sellers
Any short trade will be a Counter-Trend which not worth the risk entering now.
A break lower than 0.84 and further break lower than 0.82 would encourage a further downward move.
When that happens, short the rally.
Longs are waiting for entry 0.84
Kommentar:
longer term view should move below 0.79
