H1 : Below the clouds and last H1 closing below the uptrend line support
Low seen so far @ 54428
Global picture still looks negative as for the time being any upside move
should be seen as a corrective move only in a short term bear trend calling for lower
levels and a retest of former lows around 53500/53000
A move above the...
H4 : Last candle closed slightly up, above the top of the downtrend channel line and also
above Mid Bollinger Band (46091).
Nevertheless, this breakout, for the time being looks very fragile and we need to wait
the next H4 closing for confirmation.
Indeed, an upside breakout confirmation would then open the door for 47550 which is the...
