2 weeks ago price made a strong move up just to pierce
the Kijou sen (white line) and be strongly rejected. This is
a bearish sign. Last week price continued down. Thus
the LT trendline around the 61,8 fib of large CD leg on
monthly, still looks as a medium term target even if price
failed to create a new low in late sep.
the Kijou sen (white line) and be strongly rejected. This is
a bearish sign. Last week price continued down. Thus
the LT trendline around the 61,8 fib of large CD leg on
monthly, still looks as a medium term target even if price
failed to create a new low in late sep.