Since December 2017 the price of the asset has been trading a bearish channel. Last week the price has finally broke the TL that has maintained the price until them. Right now, and after the strong bullish movement, the price will start a correction until the interest red zone that has where we have notice some resistance from the price (S and R). And then, I expect a strong bullish movement creating new highs. This idea is for a buy and it should be activated when there is a confirmation from the price.
This market analysis is just a investment idea, the same shouldn't be taken as a financial counseling without risk envolved. CFD´s are very complex financial products that can result on the loss of most capital invested