I hope I am wrong but it looks like it will go down more before bounce back up. Many people got caught including me thinking brokeout the downtrend but it was a false call. I think It will go down to 7.87 before bounce back up. This is not a suggestion it is just my prediction.
MM's decide whenever they want to use news and It is their world so far they are not showing any mercy but I think they started buying today and downtrend could be over soon. I think Monday or latest tuesday market sell of should be over.
News means nothing if they don't want this to go up and so far they just ignore possible positive news and once they are done than you will start seeing news back infront of you.
I am not a professional so Please you decide what is wright for you. I maybe completely wrong.
MM's decide whenever they want to use news and It is their world so far they are not showing any mercy but I think they started buying today and downtrend could be over soon. I think Monday or latest tuesday market sell of should be over.
News means nothing if they don't want this to go up and so far they just ignore possible positive news and once they are done than you will start seeing news back infront of you.
I am not a professional so Please you decide what is wright for you. I maybe completely wrong.
Trade closed: target reached