Tight channel trend towards 12000 or further down 11000

11 Tem 2019

We currently trading sideways with swings as high as 2% both up and down yet on a tight channel that might see us back re-testing 12000 resistance or crashing further into the 11000 support. This would be a great spot to pump up your bags if you sold the last rally, also a great spot to counter trade if you have been placed at a loss by the latest crash.

As always trade safely, Happy Trading.