#RIVER Recently, the market hit a new high. Today, it has been slowly declining without breaking the level, oscillating around 21. Will it break the new high again or break the lowest support at 11? I suggest everyone to go long on the wave from 20-21 and go short around 23-25 with proper stop-loss placement. If it breaks below the support and the downtrend is clearly confirmed, then focus on short positions. I expect to see 15 and 10.
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#RIVER Recently, the market hit a new high. Today, it has been slowly declining without breaking the level, oscillating around 21. Will it break the new high again or break the lowest support at 11? I suggest everyone to go long on the wave from 20-21 and go short around 23-25 with proper stop-loss placement. If it breaks below the support and the downtrend is clearly confirmed, then focus on short positions. I expect to see 15 and 10.