Dear Reader,
I do not have a crystal ball and cannot predict the future with any certainty. However, I would like to present a possible outcome for your consideration!
The chart shows that:
1. We appear to have a squeeze at the top of a rising wedge, from where the price will break downwards relatively soon.
2. Divergence is present on the MACD & RSI indicators, which are powerful precursors for directional change.
3. The "Silly Willy" indicator shows ready for a sharp price decline.
Let's see how it plays out ... Happy trading !