The cycle has changed its initial point.
Comment:
The price had a wee bounce in the middle point of the cycle
Comment:
The blue line has been being support and resistance for the last 10 months, is an intermediate line
Comment:
There is a lot of weakness in the price to recover. The current cycle could finish
around 23rd August (30-day cycle) or could extend for 20 days more
as it happened in the previous downward cycle (50-days cycle/ 12th September)
around 23rd August (30-day cycle) or could extend for 20 days more
as it happened in the previous downward cycle (50-days cycle/ 12th September)
Comment:
This is a bar pattern copied
from the past downward cycle.
The price has dropped lots, maybe
a sideways trend before the next move.
The bar pattern fits in that sense.
from the past downward cycle.
The price has dropped lots, maybe
a sideways trend before the next move.
The bar pattern fits in that sense.
Comment:
The blue line has been being support and resistance for the last 10 months, is an intermediate line. The blue line is resistance
Comment:
This is a bar pattern copied from the past downward cycle. The bar pattern fits well maybe a fractal.....
://www.tradingview.com/x/aQt6vS9r/
://www.tradingview.com/x/aQt6vS9r/
Comment:
This is a bar pattern copied from the past downward cycle. The bar pattern fits well maybe a fractal.....
Comment:
A new has started on 23rd August