- Ascending triangle pattern for the past few years.
- Sitting just below weekly resistance
- Bounced several times before
- RSI/Stochastic topped out
- Slight bearish divergence on both indicators
Conclusion: I expect some 100-200 pips down from here
- Sitting just below weekly resistance
- Bounced several times before
- RSI/Stochastic topped out
- Slight bearish divergence on both indicators
Conclusion: I expect some 100-200 pips down from here