The overall macro trend still shows bear signals, and quite strong, but there might be a window for a trade here. The target is fuzzy, and the entry level is about 260. Trade with care.
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By how it's moving, a good target could be 270 USD.
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Ichimoku spans just converged, so the crossover might happen.
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Turning span bent upwards, so the buy signal is there. As @silmaril0875 mentioned, this might be the product of manipulation, so a dump could happen at any moment. The volume has kept its pace, so at least some of it is organic.
Trade fechado: objetivo atingido:
Holy moly, candle folly. I closed at 270 USD.
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