Hi there,
My apologies for Wednesday analysis: It was published with a test version of my Sequential indicator and the countdown was wrong.
The correct version of the indicator is still on a bar 11 of the bullish trend so I might have turned bearish quite prematurely.
However, we have price flipped on this week and a sell signal is still possible on next week (Red 2 below Red 1 low).
This could confirm a touch of the previous TDST resistance Line which could turn as a support before price continuing higher.
I will post soon a monthly chart analysis where we can see the bullish trend is not over.
For the moment I remain neutral. We could see a broader consolidation pattern of this year's bullish movement
MATHR3E
Check my Sequential indicators:
More details on my Patreon page.
My apologies for Wednesday analysis: It was published with a test version of my Sequential indicator and the countdown was wrong.
The correct version of the indicator is still on a bar 11 of the bullish trend so I might have turned bearish quite prematurely.
However, we have price flipped on this week and a sell signal is still possible on next week (Red 2 below Red 1 low).
This could confirm a touch of the previous TDST resistance Line which could turn as a support before price continuing higher.
I will post soon a monthly chart analysis where we can see the bullish trend is not over.
For the moment I remain neutral. We could see a broader consolidation pattern of this year's bullish movement
MATHR3E
Check my Sequential indicators:
More details on my Patreon page.
