Since my last post, i stated that it had difficulty going past 46.20.
If that fails that we are clear in the downtrend and we should short.
Target is still 41.61 now.
Action would start and the fall will commence significantly when the 20EMA crosses the 50EMA.
Good luck trading.
If that fails that we are clear in the downtrend and we should short.
Target is still 41.61 now.
Action would start and the fall will commence significantly when the 20EMA crosses the 50EMA.
Good luck trading.