I said --> needs to hold and move back to .023 really not go...

I said --> needs to hold and move back to .023
really not go lower ( else it is at best just ranging --AT BEST ).

.018 was and is the key here ( it could close today at .018 and still be OK )


So atm is is ranging at best

.016 is the key right at this moment now..just touched for the third time.

A break of .016 would not be good sign

Another bounce would make that support at the bottom of the range even more critical

A buy at such support would be a good entry

Except it is selling off at resistance every time so far and sub .016 looks a real possibility.

SO atm it is at best a hold with a wary eye on the .016 level any move below would want to really snap back above immediately..

It is not being sold off more like just sagging..
Such a bearish pattern can reverse very quickly

Yes there is low volume atm... LACK of DEMAND
but also a lack of real supply...

So when the volume comes in the picture could change very quickly.. UP or DOWN... such a bearish pattern if it reverses... imo should be bought without any confirmation
( there could be little pullback )

Dynamic means the next trade can change the picture.. or in this case make the picture clearer..

So it is just a hold atm imo

Motorway