I'm watching the price closely since my last update (linked below).
The Bollinger Bands are narrowing and the price is moving below the Moving Average.
We might see a short squeeze before visting our previous low located from 8020.00 to 8120.00.
In this case, we can open a Short Position from 8400.00 (Red Box).
I will update this chart accordingly.
Leave a thumbs up if you like this idea and Follow me for more updates!
Disclaimer:
Any opinions, chats, messages, news, research, analyses, prices, or other information contained in this Idea are provided as general market information for educational and entertainment purposes only
The Bollinger Bands are narrowing and the price is moving below the Moving Average.
We might see a short squeeze before visting our previous low located from 8020.00 to 8120.00.
In this case, we can open a Short Position from 8400.00 (Red Box).
I will update this chart accordingly.
Leave a thumbs up if you like this idea and Follow me for more updates!
Disclaimer:
Any opinions, chats, messages, news, research, analyses, prices, or other information contained in this Idea are provided as general market information for educational and entertainment purposes only
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Spot on!
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The selling continues. I will update this idea soon
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Update Idea:
