The waited break of the price will be very probably at the begging of December.
Technically, there are more probabilities of a bearish trend; adding the fundamentals, there are similar probabilities.
In the short term is better to be prepared to both bullish or bearish scenarios.
Strategy
Sell Stop: 5 200
Stop Loss: 6 200 (<=1.5% loss)
Take Profit: 2 200
Horizon: 2-3 months
Buy Stop: 8 000
Stop Loss: 6 200 (<=1.5% loss)
Take Profit: No
Horizon: Long-term
Technically, there are more probabilities of a bearish trend; adding the fundamentals, there are similar probabilities.
In the short term is better to be prepared to both bullish or bearish scenarios.
Strategy
Sell Stop: 5 200
Stop Loss: 6 200 (<=1.5% loss)
Take Profit: 2 200
Horizon: 2-3 months
Buy Stop: 8 000
Stop Loss: 6 200 (<=1.5% loss)
Take Profit: No
Horizon: Long-term
