possible big move downwards if weekly trend line is broken.
Fib levels for observation. Possible trade on both sides but biased on long as taking support at 20day ma.
my view still bearish. if moves up, we probably get to short again at 265.
this is study chart. The retracement B-C couldn't cross 50% so there is opportunity to say it will continue downward and finish CD. probably becomes sell on rise candidate on crossing 534 close.
Probably good intraday/swing ? Forming morning star on weekly frame
Possible prices on both sides but personally biased towards long side.
will it go back to 1100+ or will it flag bearish signs ?
supports look distant and left upper bollinger band