NEW TARGET 11.8K?! Be careful...

4 בספט׳ 2019

Hello everyone, our predictions playing well 3 in a raw!
So what is next?
If you noticed - price hit resistance zone $10726-10837.
Also, price hit Trend line (orange line).
For now We expect price to drop to $10087 level. before going uo to 11.2k.
More over, what we have found is that, there is around 40% chance to hit 11.8k level.
We do not recommend to short now, trend on lower TF remains bullish.
There are two possible options from where price can start grinding up again:
From current price (1D level support $10512) or from $10087.
Volume supports this move up, but now need cool off before next wave up.
More it will flat at $10512 - more it will gain power to confirm move to 11.2k.

4 בספט׳ 2019

הערה

Fakeout of 1D support $10512.
Stop moved to breakeven level.