Is this the Bottom?
CAN THIS BE TRUE? DEZ 2016: 75$ ???
What do my tired eyes see?? Isn`t it a big bottom pattern in form of an exemplary H&S?
The signs, that there is still a bit air on the downside. A dip back to the 38,2 fibo @ 41,92$ would be great. A dip to the 0,5 fibo normal and a dip to the 61,8 maximal.
If this level would be bought, a is being formed. Prices above the neckline could interpreted as a BIG LONG SIGNAL.
I have illustrated the possible TPs in my chart
IS IT TIME FOR A COUNTER-ATTACK?
We have reached the illustrated fibo-niveaus of my Main Analysis. The Sentiment is still present....The weakly signs a possible Rebound - but there is no "real" Signal yet - the only Shows that the Situation is a bit oversold in that timeframe - will we see a dip to 40.5 today? Between 40.5-40.75 i exspect a shortterm countermove .
- i am not a friend of anticyclical counter-trades - so i stay flat and Keep on watching.
Dear Followers - i am really interested in YOUR views, YOUR ideas, YOUR Patterns-
Comments are welcome agree or disagree THX