The recovery from the flash crash meant that a base was formed and the long term targets to 125 $ was open, but with the inability to hold higher levels and the break of 111 $ made me look into the charts and come to a conclusion that there is more to offer at this point in time.
As long as the 109.50 handle holds on a daily close i think we are heading back to the 95$ where the B wave ends.
Sell on rallies from here looks the more lucrative strategy.. Good Luck
As long as the 109.50 handle holds on a daily close i think we are heading back to the 95$ where the B wave ends.
Sell on rallies from here looks the more lucrative strategy.. Good Luck