- December 21, 2020
- Posted by: virtualxstore
- Category: trading
-Since the end of November the market started moving in a side trend, accumulating momentum enough to move up after a third bounce on the at about 0.70111.
The price is actually moving with strong and strong momentum, it collapsed so quickly, so I aspect a correction before to collapse one more time trying to reach an important weekly at about 0.69280.
For position trades, I recommend to NOT open any short trades, I believe it’s only a correction phase before to carrying on with a movement.
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