A breakout without pullback - will support hold?
We are witnessing a big fight between bears and bulls since we have a breakout without a pullback.
As I said a week ago the bulls are coming and bears are exhausted. (Chart has linked below)
Currently, we can see a bounce from the support but the bearish divergence is formed and we could finally see a small pullback.
I've put the technical target of a falling wedge just in case.
As I said a week ago the bulls are coming and bears are exhausted. (Chart has linked below)
Currently, we can see a bounce from the support but the bearish divergence is formed and we could finally see a small pullback.
I've put the technical target of a falling wedge just in case.
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