Just some basic support and ICT structure analysis. Major reversal\inflection zone at $10 which we could hit if the current triple bottom at $14 gives way which it could.
Other option is rejection of current $14 low in a "spring" move which would lead to the last year's price action being an accumulation range and we would exit this trading range to the upside.
Just a pure TA view, not directed from any fundamental fiat currency basis.
Trade wurde manuell geschlossen
⋅
Looks like we took option two and exited to the upside with $14 holding. Brexit rally was real, back to resistance now. You can close your longs! Too bad I never got to buy.
Kommentare
Tanner
⋅
Do you still think it's possible to get below 14$ at this point? My buy in is around 15-16.
lowstrife
⋅
No clue, I'd still only be interested if there was another leg down to start buying around $10. Otherwise I'm not a fan of chasing, not for long term value trading.