OPUSD | Continuation of the countertrend
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📌The asset continues to move in a downtrend, the countertrend that you see on the chart is a strong resistance
📌 The price bounces again and again from the countertrend, double lowering its local lows.
📌My expectation is that OP will show good growth soon, but first you need to find a safer entry point.
📌I think the entry from the trend line that starts in July will be the optimal entry point. Then you need to wait for a rebound to the trend line and in this zone ($1.1) take a long position
📌The asset continues to move in a downtrend, the countertrend that you see on the chart is a strong resistance
📌 The price bounces again and again from the countertrend, double lowering its local lows.
📌My expectation is that OP will show good growth soon, but first you need to find a safer entry point.
📌I think the entry from the trend line that starts in July will be the optimal entry point. Then you need to wait for a rebound to the trend line and in this zone ($1.1) take a long position
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