- Indicators show potential bottom (Williams vix fix) in this pull back with possible bounce from uptrend line!
- If not that we will see either retest of support and if it does not hold than downtrend will continue and reversal neglected
- Looking for an entry after a bounce from uptrend line at around 34604 with tight stop sells
what I am waiting for:
- breakout of the falling wedge and close above the wedge than we could see a price spike up to the top where the minor downtrend has started.
- be aware of the resistance in the half-way.
- Would love to see the verification of support at 127 fib level