I'm watching the price closely since my last update (linked below).
The Bollinger Bands are narrowing and the price is moving below the Moving Average.
We might see a short squeeze before visting our previous low located from 8020.00 to 8120.00.
In this case, we can open a Short Position from 8400.00 (Red Box).
I will update this chart accordingly.
Leave a thumbs up if you like this idea and Follow me for more updates!
Disclaimer:
Any opinions, chats, messages, news, research, analyses, prices, or other information contained in this Idea are provided as general market information for educational and entertainment purposes only