As the above chart illustrates, the previous weekly candle has been closed badly! (The bearish candle with strong long upper shadow) You may know that the weekly chart is the most significant one. So, we have 2 scenarios... ------------------------- -1- This scenario needs a strong bullish candle with a close above the red area. ------------------------- -2- So much bad news are being released every hour that can affect this market easily. I hope that this scenario will not happen but, nothing is impossible...!
Thank you everybody for following me. I would be happy to see your idea and chat together. >_-