Recently we published where we explained that there´s more downside coming. So far the idea is playing out as expected. We expect the price continue down as angles of the Keltner channel are still pointing to the downside . We expect the price to reach the buy zone in the next days. Next we expect the bounce and filling the gap which corresponds with the price resistance .
Summary of the trade: 20 % gains to be made by bulls. Buy at the support Sell at the resistance / the gap
Good luck
Note
Be patient and wait for a price to come back to the buy zone. Dump is not finished. Every small bounce is a short opportunity.
Trade active
Entry price reached. Very good so far
Trade closed manually
Support failed and the it´s acting as a resistance now. Bad earnings, more downside. Expecting the price to reach 150$ in a mid-term Trade closed at the break even!
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