- The $11000 zone continues to be a area of resistance while $9300 is providing support.
- Last week's breakout was short lived but the trade is still relevant unless price breaks thru and closes above $11000.
- Last week's breakout was short lived but the trade is still relevant unless price breaks thru and closes above $11000.
Trade active:
First take profit hit on the 200ma. Measured move can go as low as $6000. Will be looking for any support or reversal from 200ma.
