-Looking at a graph like this gives me unprecedented fear, as it seems to me that the asset is on the brink of a precipice, ready to be thrown.
-The daily chart shows the possibility of a rebound to the region up to the previous bottom at $137.64, where it will pull back and look for the region of $117.36.
-If there is a test in the region of $117.36, it could open a graphic abyss for the asset, where its salvation will be in the following regions: $103.30 (weekly long average) and, finally, $93.89 which I think it would be a big catastrophe if prices reach that level, but there is a big “GAP” in this region that needs to be closed.
-Hour chart suggests prices are looking for the long average region at $142.82 to “pull back” and fall again.
-Do your analysis and good business. -Be Aware, If You Buy, Use Stop! -See below for other reviews.