Price could break TL and continue decline afterall the past 4 months have been horribly bearish. However with a bounce off TL (3rd bounce) would be the catalyst for a bullish climb
Already breached Bullish CTL with price rejected from 61.8
After achieving new HIGH a hl is expected around 200ema/61.8 Price could bounce and weekly fib suggests a 800 pip ascent....
Double top at resistance with 4hr demonstrating bo/r/c pattern, and sharp rejection from 38.2
GA could bounce off TL in which case i will buy from the 61.8
bullish overall may see a pullback or some consolidation which will enable us to take entry
Could achieved new LH and decline Or further ascent upon the breach of the tl