Using the square
root system we can define the COST cycle as 12 days. qe
can count 12 days from the top. Also, we may see the uptrend and the moving averages uprising. This situation draws my attention, we had the fast moving average crossing above the slower one and the slowest acting as support to the prices. my Stop is really short and my target is long. We do have a nice Profit/loss ratio here.