Price is about to retest the main trend and previous high of $9500. Energy supports move to the upside in the next 24-48hrs. Time is up May 15th on this run.
Price cornering to break out, positive energy available over the next 24hrs to support move.
LOV has broken a lower degree downtrend and it seems trying to break the second one. Let's see how it develops. A strong breakout of the lower dotted line can invalidate this setup.
Go short the LOV if it trades at 2.32 or lower. If triggered, place your stop at 2.48 and exit the position for a profit at 2.21 or at your own discretion. (Signals are valid for 1 day only. Always invest wisely). In this signal you don’t get the following: 1. How to identify the trade setup 2. How to identify short term trend 3. How to protect gains in your...