I really don't like this chart at the moment and I would prefer BTC and some other ALTS at this stage.
1101 and even 980 would be where I could examine a Buy/Long position again.
Mind the massive Liquidation level at 1339 (1325-1329 is where Leveraged Bulls make a donation to exchanges) and I do have a feeling the price might visit that level before it drops.
The again in the GOOD SCENARIO price can break over 1350 and make it support. Then ye, i could attempt a controlled Long position with Stop Losses below 1340
One Love,
The FXPROFESSOR
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