Are we in down trend? No, we are not!
You may ask why? Look at the left of chart. There I see huge bar bay with high volume.
Only if lowest point of that bar will be broken down price will be in down trend.
Now I expect ranging between 55,60-57,60.
You may ask why? Look at the left of chart. There I see huge bar bay with high volume.
Only if lowest point of that bar will be broken down price will be in down trend.
Now I expect ranging between 55,60-57,60.