Should probably wait for a double bounce before entering, yes? Its at $255, so we are approaching that $247 mark.
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Should probably wait for a double bounce before entering, yes? Its at $255, so we are approaching that $247 mark.
It's very difficult / complete impossible ;) to figure out if we've reached a bottom until it starts going up again, or a top until it starts going down. Your guess is as good as mine :). But yeah waiting for double bottom/higher bottom or double top/lower top resp. Is often a good strategy which sometimes works.
Well of course, no one knows for sure. Cheers mate and I hope you make lots of profit!
Cheers :)