Apparently the price returns to touch the VMA after having made a triple low above $ 300.
What will happen now?
Will the movement be strong enough to end the month hitting $ 400 again?
We come from a sustained (and consolidated) correction movement that has been taking place since around the beginning of March and that in some way is a good consolidation zone...
On the other hand: it may just correct that downward movement that we have brought since February. The odds are there.
Who knows? At stake are the approximate marked lines.
Thanks.
What will happen now?
Will the movement be strong enough to end the month hitting $ 400 again?
We come from a sustained (and consolidated) correction movement that has been taking place since around the beginning of March and that in some way is a good consolidation zone...
On the other hand: it may just correct that downward movement that we have brought since February. The odds are there.
Who knows? At stake are the approximate marked lines.
Thanks.
