Bears turns to bulls 1st Quarter of 2018

Still in consolidating channel downwards. Cycle low estimated end of Jan to mid Feb 2018.

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1293.8 should be the resistance

Сделка активна:

Entered into the trade. I will close the position if we get a daily CLOSE above 1295.

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10. Too mch. Almost

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As price closed above 1295, it signalled higher levels to come.
But I expect here a pullback;

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Daily consolidation inside the channel. Potential top. Need tomorrow for confirmation

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In an EW-perspective, it might have only completed 4 out of 5 waves. Be careful to short before potential confirmed swing high.

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This may be a valid scenario since price is breaking upwards quite aggressively;

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1322.4 intraday gann level which is interesting to observe for reaction.

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Broke above 1322.4. That signals next level higher.