Looking at our trend timeframe we Ethos respecting our downtrend, showing momentum is shifting towards the upside. Will be watching smaller timeframes for entry, last time we were at this price we saw a radial push from 7700 up to 70000. Are we going to be seeing the same thing?
Shifting over to our pattern timeframe we see a has formed inside our major , showing momentum is in favor of bulls. A daily close above 7550 activates our trade and we should see a push towards 16000 soon.