SELL
- Must break trendline
- Wait for pullback
- Re-entry 150.00
Why ?
- First breakout (weekly) must be test to complete the cycle.
- Overall still sideway between 125.000 - 156.500
- Sell high, buy low.
SELL MODE
If price break at 151.600 area, it clearly say that the price may go down.
Simple, because it already break support (Support Become Resistant) and go to the second support. (refer chart)
Then, may have a fullback before it fall down until 147.400.
BUY
Reason :
- Resistant become support
- may take a pullback to the untested area (1809)
My prediction, will perform Head And Shoulder at 1809 area.
1809 will be best area to start SELL.