The Gann fan shows we are overall downtrend, but the short-term time cycle is coming to and end. Looking at where we started our decline on last price swing, July 7th is bottom and change of trend is likely.
Now we even have a hammer bottom and we have positive stochastic. I think we will see pull-back based on that analysis.
Strategy BUY current level and take profit 1.0407 for now.
Now we even have a hammer bottom and we have positive stochastic. I think we will see pull-back based on that analysis.
Strategy BUY current level and take profit 1.0407 for now.