Last post: June 10th 2018. See chart.
Review: Price had broken below the daily 200 simple moving average and was heading down.
Update: Price continued to move down but is now in an area of consolidation.
Conclusion: We are continuing to stand aside until we have a clear break of the consolidation zone support level. This will confirm a continuation of the downwards move.
Any comments or questions, do not hesitate to leave them below. Give us the thumbs up if you share our sentiments!
Sublime Trading
Review: Price had broken below the daily 200 simple moving average and was heading down.
Update: Price continued to move down but is now in an area of consolidation.
Conclusion: We are continuing to stand aside until we have a clear break of the consolidation zone support level. This will confirm a continuation of the downwards move.
Any comments or questions, do not hesitate to leave them below. Give us the thumbs up if you share our sentiments!
Sublime Trading