The downtrend channel was broken already 2 days ago, BULL
So, the downtrend channel was broken 2 days ago and it has found support on the EMA 200 and 50. RSI has still room to go up before reaching the overbought area.
I think it's just a matter of time that we will test the 68,5% retrace and break it also.
I don't know many of you have in your chart that was not broken, you probably are using log view.
I think it's just a matter of time that we will test the 68,5% retrace and break it also.
I don't know many of you have in your chart that was not broken, you probably are using log view.
Comment:
*61,8%
Comment:
Seems that it tested the recent support made by the two recent highs. Let's see if it will break the 61,8% fib soon.
