$BTW Finally some relief after a massive collapse
from 1.91 to 0.8758 ... what a brutal drop
And now, buyers are coming back strong, with a recovery toward 1.19.
The 0.85 – 0.88 range is acting as a key support zone.
As long as the 0.85 level holds, we may see a recovery toward 1.30 – 1.50.
The overall trend is still bearish ... and bulls need to reclaim the 1.50 level to show real strength.
Don't confuse a temporary bounce after a drop with a confirmed trend reversal.
Trade via $BTW
from 1.91 to 0.8758 ... what a brutal drop
And now, buyers are coming back strong, with a recovery toward 1.19.
The 0.85 – 0.88 range is acting as a key support zone.
As long as the 0.85 level holds, we may see a recovery toward 1.30 – 1.50.
The overall trend is still bearish ... and bulls need to reclaim the 1.50 level to show real strength.
Don't confuse a temporary bounce after a drop with a confirmed trend reversal.
Trade via $BTW
