Black lines are the bigger form the highest highs and highest lows. The pink lines are what I thought was potentially a new uptrend forming but also bands withing the down ward trend.
Looking at there is a potential of the symmetrical triangle forming, updating my chart did the triangle now form? When we look at the there is a cross over with heading to oversold conditions. The is now below 30 and turning flat! all signs of upward movement and if they all align we will see a breakout of the triangle. This is the break everyone is waiting for and will then reach the targets everyone so much hoping for I think. But like always is required.
First resistance is around 128, 144, then 170 then 200+ is the target.
Lets see would be pretty special if this is what is going to happen :)