is showing strong signs of bottoming, as price has broken the first tier falling trend line
shown on chart, however the bullish
breakout and reversal has not been confirmed yet in my view, I would like to see a break with a daily closing above 1. 4565
key static resistance to initiate a long position, targeting the main falling trend line
for the overall bearish trend
as a first upside target.
So this is a conditional bullish
trade, and thus I will be updating with the trade if i have the opportunity to do so. Thanks for reading, and good luck, as always waiting for your comments and suggestions.
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