DAILY TIME FRAM ANALYSIS
-Symmetrical triangle breakout ready
-Stochastic's pointing up
-MACD prepared to cross as it points upwards
-ADX & DI bullish cross
-Volume expanding on shorter time frames
After sideways consolidation for the past month, a short term bearish break can occur within this week.
- Symmetrical triangle formed mid September during consolidation recovery. Prices breaking out of triangles tend to break on continuing the trend it came in with.
- Fibonacci Retracement level at .382 lines up with final high of triangle. This is a likely...
