It’s been a while and I have been waiting for this moment. I don’t watch game of thrones but I’ve seen the statement in many places. WINTER IS COMING.
The UK seems to have difficulty battling the Japanese economy during many winters, and as significantly as ever it has reached a very strong line meeting its requirement for the timing of winter activity.
This winter will be extremely turbulent nonetheless my expectation is a drop below the bottom support with a dip we have yet to experience. It may be a devastating decline.
The RSI on the 4 hour view indicates a long term rise, this is something to ensure to keep an eye on. When we switch to the 30 min view, we see a ready decline. This indicates an interim decline.
At 6pm Lisbon time the RSI was sitting around 76 a short decline is in order and with the Coronavirus propaganda there may be an unseen fall.
I am calling the short and I will update you all with a long position.