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pumped_bull_rtrabski
Apr 16, 2014 12:20 AM

STILL IN DOWNTREND CHANNEL 

Description

This should show why I think we are still bearish. Everyone is looking for the top of our downtrend and guessing if we did already crossed it upwards and changes our trend. I supported top-line of downtrend channel on the candle's bodies starting from last Dec double top - BLUE LINE. It shows we could be still BELOW top of downtrend channel. The GREEN one shows top if we are using wicks. RED are the common-drawn downtrend lines.
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