Conservative buy after 50K , average from 47K and 45K
If we have range above 48K then it`s good to close above 50MA h4 and 50K to get to 55 then overhigh.
If we break 48K range I expect we bounce from 47K to 50K.
I dont believe we test 42k cause we have too many buyers there , it`s was extremely strong level and many tried not to miss the bottom thus make us reverse at 43K
But I do believe we might test 45 again and it would be healthy , but the possibility is low.
If we break 48K range I expect we bounce from 47K to 50K.
I dont believe we test 42k cause we have too many buyers there , it`s was extremely strong level and many tried not to miss the bottom thus make us reverse at 43K
But I do believe we might test 45 again and it would be healthy , but the possibility is low.
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