Bounce off $108 resistance, targets $104 support
Really clean bounce lower off $108 resistance level suggests continuation lower towards the $104 support level. Use options to limit your risk by using puts and put verticals.
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Back to test $108 as a support level now, keep an eye out for possible bounce higher
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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.
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.