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Youtube:

Weekly

Lookin at our trend timeframe we see price continuing to respect our downtrend, stochastic rsi showing momentum in favor of bears. Will be watching smaller timeframe for entry, possible lower low ahead.

Daily

Shifting over to our pattern timeframe we see price has found support at 2400, and is now testing our dynamic resistance. Stochastic RSI showing momentum in favor of bears, a rejection from this level and expect our price to sell off towards 2100. A daily close above 2500 activates our trade.

Link To Chart

Conclusion

• Buy: After Daily Close Above 2500
• Sell: Nooo

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Disclaimer: I am not a financial advisor nor am I giving financial advice. I am sharing my biased opinion based off speculation. You should not take my opinion as financial advice. You should always do your research before making any investment. You should also understand the risks of investing. This is all speculative based investing.

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