Bull can conquer $1298 and prices record higher towards the week of 04.02.2019 with a bias of plus minus 1 week.
Would the prices be able to climb higher levels again ?
In the previous analysis in "What's Going On In 2019" I estimated that $1350/75 is likely to be tested in Q1-2019 or Q2-2019. If the test is carried out in Q1-2019, then Within The Next 3 Weeks the price must be closed or move consistently above $1312/22 or it may not close below $1285/75. If this is fulfilled, then based on this Chart approach and this Chart approach, most likely the testing will be conducted in March 2019. But if it closes below $1285/75 it is likely that a correction will occur until the week of 11.03.2019.
In my technical view, the trend is very bullish, but will this trend be able to survive in the next 3 weeks and if there is a selling pressure the price can survive above $1275 ?
Let's see later, what will happen to the price, at the FOMC.
Time Will Show
--ooOoo-- From The Desk Of NewBie --ooOoo--
Would the prices be able to climb higher levels again ?
In the previous analysis in "What's Going On In 2019" I estimated that $1350/75 is likely to be tested in Q1-2019 or Q2-2019. If the test is carried out in Q1-2019, then Within The Next 3 Weeks the price must be closed or move consistently above $1312/22 or it may not close below $1285/75. If this is fulfilled, then based on this Chart approach and this Chart approach, most likely the testing will be conducted in March 2019. But if it closes below $1285/75 it is likely that a correction will occur until the week of 11.03.2019.
In my technical view, the trend is very bullish, but will this trend be able to survive in the next 3 weeks and if there is a selling pressure the price can survive above $1275 ?
Let's see later, what will happen to the price, at the FOMC.
Time Will Show
--ooOoo-- From The Desk Of NewBie --ooOoo--
