Whats up Lazytraders,
Since we had a daily closing above 172 USD there might be a possibility of a countertrend.
To be more specific if we manage to get a daily closing above 225 USD even, the downtrend is finally broken.
On the contrary however the moment we have a daily closing below 155 USD the next day, we would continue to rush to the downside.
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Disclaimer: do not base your trading on this information its just for educational purposes only!