Hey Guys I have been expecting this dump for the past week and it faked once when it rebounded straight up from 8800, however I do not think it will go over 9100 again this time, will keep dropping possibly quite hard tomorrow, then maybe correct a bit before continuing on downwards.
Keep in mind this also has a big effect on the weekly close candle which is today, which if/when we close on this level the close will be inside the big bull flag formation which we closed the last week above. Something to consider....
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.