We had a wick below the trendline but no 4hr close so far. Wait for this to happen for further downside. So pay close attention to the 0.382 fib level and the bullish trendline.
For more upside we like to see volume support bounce with a 4hr close above the 0.236 level so we can take out the previous high @ 42.000.
In the last weeks bulltrend we touched the 4hr RSI 30.00 level 4 times which then reversed the market for more upside.
this is not financial advise.
For more upside we like to see volume support bounce with a 4hr close above the 0.236 level so we can take out the previous high @ 42.000.
In the last weeks bulltrend we touched the 4hr RSI 30.00 level 4 times which then reversed the market for more upside.
this is not financial advise.