The price have been in a down trend, since end of January.
The price have hit a from december 2017.
and can be signalling a short term revers in the trend.
If the price breaks the . Point ((c)) will be the reversal level, where
The resistance line in the will be the TP
For now its a long setup, with entry at this level and SL at 74.961.
1. descending formation, with correlated Wave´s
2. . ( the the green line in the and Chart)
3. Supportlevel have been hit.