A few more weeks until we stabilize at the last major Support

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.

Kommentera:

The intra day trade played out as expected. Lets wait for further technicals to develop before taking another trade.

Kommentera:

The short is still ongoing and should reach the Major support line.