map to the future???

The price is now managed to close slightly above the major trendline on the daily chart. However the breakout is not decisive yet and more confirmation is needed to determine next direction.

In my humble opinion, even if the trend has changed, the price still needs to go down to 138.xx level and only then we could see whether the bulls are still insistent or not.

Update (as 17 April):


Post a Comment

You are welcome to post comments. However, please do not use Anonymous as your ID. At least, put in your initials for easy reference in further conversations.