Price as discussed ( check related ideas) took support from the trend line and reached the resistance level 2.800 once again, expecting the price consolidate here and break this resistance levels to reach 2.900 levels which is the actual target for this pattern -> Flat top falling bottom.
Midterm forecast:
While the price is above the support 1.400, beginning of uptrend is expected.
We make sure when the resistance at 2.250 breaks.
If the support at 1.400 is broken, the short-term forecast -beginning of uptrend- will be invalid.
Technical analysis:
The RSI bounced from the support #1 at 30 and it prevented price from more losses.
While the RSI...
