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.
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38.2% next main support as predicted
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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).
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broke the channel and 0.236 support
