Ultimately, I believe this needs to come back and retest the support/resistance from Mar 2020 line before we see any more big downside. This is a key level. At which point, I'd be more comfortable with a sell.
I can see this coming to create a double bottom on the Jan 2020 support before turning up to retest.
With that said, keep an eye on that Mar 2020 level; once we get there we could go up vs down.
Just wait for confirmation candles above/below key lines.
I can see this coming to create a double bottom on the Jan 2020 support before turning up to retest.
With that said, keep an eye on that Mar 2020 level; once we get there we could go up vs down.
Just wait for confirmation candles above/below key lines.