The price is in a wide sideways trading range. I think that the instrument simply accumulates energy for further movement, because the uptrend is broken, then I expect that after the end of the accumulation phase we will see a fall, but while locally I wait for the price to decline to support 1782
What do you say, I want to know your opinion on my forecast π
Khiwe
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@Lingrid, I did not understand what you meant for the instrument accumulating energy for further movement because of a broken uptrend. It's not clear for that which is moving sideways in relation to the price or trend...whether you meant for the current price or for the bullish channel that got broken.
librojenda
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hi, i think the next stop could be somewhere at 1772 :) I wish profitable deals