as anticipated in last analyses we broke the major downtrend (which was viable for 18+ months). but i think its too early for a trend change, and its quite significant but yet fake breakout.
well not totally fake as we rise to ~1900 level, but thats it for now, with an ending wedge, or double top or to be seen, we start falling again first to 1830-1840 level. then in few months to 1620-1580.
*the path drawn is hypothetical , but the turning points are telling us something.
*however by breaking and stabilizing above ~1900 level, we might discard this idea and go for an uptrend analysis,.
well not totally fake as we rise to ~1900 level, but thats it for now, with an ending wedge, or double top or to be seen, we start falling again first to 1830-1840 level. then in few months to 1620-1580.
*the path drawn is hypothetical , but the turning points are telling us something.
*however by breaking and stabilizing above ~1900 level, we might discard this idea and go for an uptrend analysis,.
