Hi my friends.
So whats the next target?
We need to break ~$8400 area and see higher highs, unless there is a chance to see series of red candles, may be to retest ~7300 or even ~6900, based on the stoch and DMI divergence visible on 12h chart.
But what about overall long term trend? I'm still positive that the previous downtrend is over and we will have good days soon.
Im traveling this weekend so might not be able to post alot, and if I post they gonna be short like this one probably.
Remember that "The stock market is a device for transferring money from the impatient to the patient."
Garyreza(@Analytca)
So whats the next target?
We need to break ~$8400 area and see higher highs, unless there is a chance to see series of red candles, may be to retest ~7300 or even ~6900, based on the stoch and DMI divergence visible on 12h chart.
But what about overall long term trend? I'm still positive that the previous downtrend is over and we will have good days soon.
Im traveling this weekend so might not be able to post alot, and if I post they gonna be short like this one probably.
Remember that "The stock market is a device for transferring money from the impatient to the patient."
Garyreza(@Analytca)
