The past few days we've (hopefully) been forming a bullish channel to break us out of our downward one, the price is currently at the crucial crossing point so the next day or so will be extremely decisive and influential for the next couple months of price actions. Check out my idea linked below for a lot more details and a closer look at our short-term action, but basically, however we breakout of the pennant/triangle i've drawn will define our movement for a while.
Check the linked idea for some short and long position possibilities, however, I won't be making any moves for the time being.
Check the linked idea for some short and long position possibilities, however, I won't be making any moves for the time being.
Comment:
We've perfectly followed my most bullish short-term scenario, all but confirming that our correction is over and we have entered a more stable bull run. Will update with new short ideas soon.
