The rate clearly follows the bottom edge of the rising channel, which confirms its reliability. If earlier there were easy touches of this line, the price goes next to it last 3 days. The analysis shows that the big players are gaining a position - this is indicated by a DOM and a decrease in the spread. This is due to the fact that it does not require large volumes in order to lower the price downwards now, because the market is set up negatively and belongs to the bears yet.
We are in the consolidation, reflected in the lateral trend in the zone 6100-6500, should look closely at the DOM.
Forecast - smoothly and slowly climb until the next signals appear.
We are in the consolidation, reflected in the lateral trend in the zone 6100-6500, should look closely at the DOM.
Forecast - smoothly and slowly climb until the next signals appear.