Rising wedge , rising channel , bearish divergence, possible H&S print...how long will it take for bears to take over again?
There is still a chance on a short squeeze + bullish cross on the weekly macD so if we fail to dump a last touch of the wedge resistance at 7500-7700 could play out too.
There is still a chance on a short squeeze + bullish cross on the weekly macD so if we fail to dump a last touch of the wedge resistance at 7500-7700 could play out too.
Comment:
38.2% next main support as predicted
Comment:
0.382 hit and bounced. Next decision: 0.5 (to print left shoulder) or break of the channel to the the next support at 0.236 (6510).
Comment:
broke the channel and 0.236 support
