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Looking at our trend timeframe we see price continue to respect our downtrend, with support found at 1700. Stochastic RSI showing momentum is in favor of bulls however we are starting to see a shift. Last time we were at this price was back on August 15, where we saw a run up to 3000. A daily close above 1800 activates our trade and we should expect a run towards the upside.
Conclusion
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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.
