I tend to believe its bullish.. The odds are not great though (there's also a bearish triangle), but I'm long with a low stop loss as I think there's (even bigger now) risk that there will be some cruel stop loss hunting
Comment:
the trend line holds on the dip for now - but the bulls seems week in the rebounce.. maybe this will go into a range mode instead.. I have raised my stop
Comment:
.. that be range 110-120'ish... 110$ is fib 0.78 on the spot from november high to december low