The previous Lower High bounces have been 85% on average and the last one made a peak on the 0.500 level. Currently this level is at 11.35, which fits the +85% rise model. This is also where the price meets the technical rejection point of the 1W MA200 (orange line) which has been acting as a Resistance since May 2008.
With the already inside the Sell Zone, we believe it is best to wait for this top to form and sell back towards the 6.45 Low.
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