Price action suggesting that theres still enough movement to the upside confirmed with the moving averages.
Waiting for a clear opportunity to enter the market as a breakout is just a matter of days away, all the signs are suggesting its eminent.
Monthly trend line acting as resistance along with the bounce above the 50% fib level.
Waiting for a clear opportunity to enter the market as a breakout is just a matter of days away, all the signs are suggesting its eminent.
Monthly trend line acting as resistance along with the bounce above the 50% fib level.
Comment:
Breakout to the downside has occured. Waiting to see what happens in tomorrows open.
Comment:
Downtrend continuation confirmed.