This is a reasonably simple set up.
The price has broken regression channel decisively.
It is on the verge of braking bollinger band on the downside in all probability it should close below it by the end of the day.
If sustained, the next logical target is 300 which also happen to sit nicely on a fib level.
The price has broken regression channel decisively.
It is on the verge of braking bollinger band on the downside in all probability it should close below it by the end of the day.
If sustained, the next logical target is 300 which also happen to sit nicely on a fib level.
