Support seems at around 40000$
Range is getting narrower day by day..
Turning up after underperformance
The slow moving is turning up...
Things are really becoming defensive....
Again seems rejection at higher level...
@ support line. Small long trade may be initiated. At good risk & reward point.
Is H&S forming ? I think yes.. Let's see
In buy mode
Long at current price
It is reaching above downward trendline breakout level. Equity may find outflow while funds may be moved to less risky asset like bond and gold
It seems bond is coming back... Bye bye to equity for a while...
Buy above 241
3 Line break chart showing long singnal
Long above 2505
Long at 140 with SL of 136
Long with SL of 248
Closed at high of triangle. Breakout on upside may give good up move.