In 2019 we can either see positive or negative fundamentals that will cause a huge price shift, but as of now through the end of the year it looks like we are headed to a low in the zone between $2500 and $2900. This is a strong support and will likely hold until we get massive price action arising out of significant fundamental change.
For day traders, don't go against the trend.
For day traders, don't go against the trend.
Note
The intra day trade played out as expected. Lets wait for further technicals to develop before taking another trade.Note
The short is still ongoing and should reach the Major support line.
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Disclaimer
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.