Happy ending with 3 weeks retracement:
- With bottom over 400$ pretty nice targets may be first 690$ and then 800$ for the last week of April.
- With overbear under 380$ it may slide down the plank where hopefully will continue the long retracement driving us over 800$.
Not a system, just a pattern.
Taging the chart with LONG I was trying to suggest to don't panic about this claimed big bear, because according with the actual PSAR signal these are volatile downtrend days, but according with the pattern buy time is coming for longterm investments.
The market has called for cash a lot of times and a lot of optimistic people has nicely followed the optimistic cycles, like this next. This is what I see in this pattern, other indicators are wastes of older analysis, sorry.
Thank you for comments and corrections