“Sellers managed to defend this level and today, bears decided to throw a decisive punch – the price broke the black line connecting higher lows. That is a direct trigger to open a short position here. „
Since that, we had 17 trading days here and only 5 of them were positive (including today and yesterday). In slightly more than two weeks, the price fell to the support on the 8.6 USD created by the lows from the end of June.