We may derive the following from the Weekly SBK chart:
1. Price has dropped significantly (See linked idea).
2. Some profit can be taken.
3. It is possible that price may consolidate for a while before reaching the 160 support level
4. Keep holding short, but don't leave money on the table.
5. As always - maintain your risk.
Note: The views provided herein do not constitute financial advice.
1. Price has dropped significantly (See linked idea).
2. Some profit can be taken.
3. It is possible that price may consolidate for a while before reaching the 160 support level
4. Keep holding short, but don't leave money on the table.
5. As always - maintain your risk.
Note: The views provided herein do not constitute financial advice.
