I expect another move down into the hitzone before the reversal. Buying at the bottome trendline or the breakout will be long term sell as this is a short move of the long move...
Also a sell is possible at the top of the pattern but it is more risky...
Also a sell is possible at the top of the pattern but it is more risky...
Comment:
4hr Midweek Update---price is still moving down...a bottom is in sight though...lets see what it will do...if it pushes up strong then we're going up...
4hr Midweek Update---price is still moving down...a bottom is in sight though...lets see what it will do...if it pushes up strong then we're going up...
London Open-- 4hr look...price could move down more before the move up