Happy Wednesday, Swing Traders!
The bulls local attack on Sunday night finalized in trapping them all above 43K. Moreover, the price broke 41700 and found itself already in the lower channel's diapason. Currently we can see the forming triangle which signals of a bearish counter attack continuation with a “flag” target @30K. The acceleration channel (in blue color) is strong enough so as not to give an alternative to this price move. A marvellous day to you all!
Yours,
ICBF Swinger Dagmar
The bulls local attack on Sunday night finalized in trapping them all above 43K. Moreover, the price broke 41700 and found itself already in the lower channel's diapason. Currently we can see the forming triangle which signals of a bearish counter attack continuation with a “flag” target @30K. The acceleration channel (in blue color) is strong enough so as not to give an alternative to this price move. A marvellous day to you all!
Yours,
ICBF Swinger Dagmar