As we can observe the price has just broken the resistance line that has been hold the asset from level up.
Right now the asset is trading a correction movement which means that we want to look for a buy when it touches the confluence zone that is now our S&R, or in a less agressive entry when it break the tendency line.
This market analysis is just a investment idea, the same shouldn't be taken as a financial counseling without risk envolved.
CFD´s are very complex financial products that can result on the loss of most capital invested
Right now the asset is trading a correction movement which means that we want to look for a buy when it touches the confluence zone that is now our S&R, or in a less agressive entry when it break the tendency line.
This market analysis is just a investment idea, the same shouldn't be taken as a financial counseling without risk envolved.
CFD´s are very complex financial products that can result on the loss of most capital invested