Since 2017, the price has been falling in a global trend. Within this trend, the price regularly makes bullish corrections, after which a new collapse occurs. The last such correction took place in 2013, then in 2020 from the support level of 125.89. After the rise, the price is at the resistance 153.75. Hence, we can expect a fall to the support of 125.58.
SL - 163.06.
Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
SL - 163.06.
Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.