This is where we are right now invst.ly/bul5h Seems hourly needs some cooling off, while 4H, 5H and Daily allow for significant drop ($2.00)
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For the first time since the channel was formed, we have opened and are trading below the channel lines invst.ly/bv5la
If we continue down at least a bit during the US market hours, the short term upward channel will be broken and we can continue fishing at lower prices ($2.00)
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Will the trade war escalation this morning push it towards $2,00 invst.ly/bvatw
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If we remain within this channel for few more days and then break it down-wards, we could target the exact major support of $1,9 instead of lower projection mentioned earlier. This would make a lot of sense as whenever we broke the 2,18 level we never bounced back into the new up trend before we reached 1,90. invst.ly/bxbjn