Overall this is a nice .705 retracement we have here.
The resistance zone around 1150 level is holding us back but it's been tested twice already, reducing the sellers each time.
If we manage to find support now around the broken 1080 level, it should give us enough acceleration to finally break that resistance and ultimately head for the previous big top.
Original idea by Svarog
The resistance zone around 1150 level is holding us back but it's been tested twice already, reducing the sellers each time.
If we manage to find support now around the broken 1080 level, it should give us enough acceleration to finally break that resistance and ultimately head for the previous big top.
Original idea by Svarog
